Posts from ‘March, 2010’

NATIONAL
Blackstone JV Set Up To Acquire 149 Senior Housing Facilities
By Mark Heschmeyer

A U.S. District Court in Portland, OR, has approved an agreement for Stayton SW Assisted Living, an Oregon-based senior living provider formerly known as Sunwest…

CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…

WASHINGTON, DC
Booz Allen Takes 142,100 SF in DC, VA
By Laurie Forbes

Booz Allen Hamilton Inc. secured two office leases totaling 142,073 square feet in the Washington, DC, market.

In the biggest deal, the consulting firm signed for 112,078 square…

This week’s In The Pipeline focuses on health care — where activity remains brisk, in both the legislative and property development arenas. Much more rare is new development in Harvard Square, where Jones Lang LaSalle says it has landed a leasing assignment…

PORTLAND, TAMPA
Blackstone and Glimcher Close $320M Joint Venture
By Sasha Pardy

Glimcher Realty Trust (NYSE: GRT) has closed on its previously announced $320 million joint venture with The Blackstone Group; which involved Blackstone acquiring a…

Glimcher Realty Trust (NYSE: GRT) has closed on its previously announced $320 million joint venture with The Blackstone Group; which involved Blackstone acquiring a 60% interest in Glimcher’s Lloyd Center Mall in Portland, OR and Westshore Plaza in Tampa…

WASHINGTON, DC
AEW Pays $97M for One Brigham Circle
By Laurie Forbes

AEW Capital Management LP purchased One Brigham Circle, a 200,000-square-foot, mixed-use office complex in Boston, from New Boston Fund Inc. for $96.8 million, or approximately…

This week’s People of Note includes the following markets: Minneapolis, New York City and Portland.

PORTLAND
Willhite Rejoins Grubb & Ellis as VP, Industrial Group
By Phoebe Doan

Steve Willhite has rejoined Grubb & Ellis, taking the position of…

Archer Western Contractors signed a seven-year lease for 10,100 square feet at Anchor Plaza in Tampa, FL. The Atlanta-based contractor has seven regional offices nationwide.

Anchor Plaza is located at 4343 Anchor Plaza Parkway in the Fountain Square…

WASHINGTON, DC
Wiley Rein Inks 335,240-SF Renewal in CBD
By Laurie Forbes

Wiley Rein LLP renewed 335,240 square feet for 10 years at 1776 K St. NW and 1750 K St. NW in the central business district of Washington, DC. Both deals have a decade long…