Business Specialties Leasing
American Apparel Signs 70,000-SF Lease in Orange County
American Apparel L.L.C. has signed a 10-year lease on 70,000 square feet of space within an industrial property in Garden Grove, Calif.
ProLogis Leases 120,000 SF to CommScope near Reno
ProLogis has leased 120,000 square feet of recently completed industrial space near Reno, Nev., to CommScope.
Mack-Cali Taps CBRE as Leasing Agent for Manhattan’s 125 Broad St.
CB Richard Ellis has been selected by Mack-Cali Realty Corp. as the exclusive agent to lease a portion of its office holdings at 125 Broad St. in New York City.
Verizon Signs 72,696-SF Lease Extension in Chicago
Verizon Business Services, a unit of Verizon Communications, signed a 72,696-square-foot lease extension at Michigan Plaza, the two-tower complex located at 205/225 N. Michigan Avenue in Chicago.
Cushman Report: Even Manhattan Humbled in 2008 
After a steep decline in office rents and leasing activity at the end of 2008, many owners are attempting to lure tenants with aggressive deals, according to Cushman & Wakefield Inc.’s year-end report on the Manhattan office market.
ProLogis Leases 282,000 SF to Safelite AutoGlass
ProLogis has leased approximately 282,000 square feet at ProLogis Park Ontario Airport in Ontario, Calif., to Safelite AutoGlass.
Pantheon Signs Pair of Tenants in New Jersey
Pantheon Properties has signed on two long-term tenants for more than 42,000 square feet at their Newark and Secaucus, N.J., industrial properties.
Office Market Positioned to Survive a Bruising Recession
As a deep recession looms around the world, there is a country where a conservative investment community has resisted speculative office construction, enabling vacancy rates to fall to historically low levels and rents to continue rising through the third quarter of 2008.
ProLogis Leases 90,000 SF in South Carolina
ProLogis has leased 90,000 square feet of distribution space with two customers in Greenville, S.C. 
delmonte Report: Manhattan Trophy Offices Lose Some Luster
Weakening economic conditions in Manhattan’s office sector have begun impacting average asking rents for the city’s trophy-quality office buildings.
AMB Leases 222,000 SF in Brussels
AMB Property Corp. has leased approximately 222,000 square feet of its Brussels development , AMB Boom Distribution Center, stabilizing the 437,000-square-foot facility, which is now 97 percent leased.
New Chicago Lease Further Evidence that ProLogis is Alive and Kicking
Even if the generals have a brilliant plan for victory, wheels still need to roll at the front line if it’s all going to mean anything. In the case of ProLogis, time might still have to tell regarding the warehouse/distribution giant’s recovery strategy, but the ground-level activity seems to be rolling forward much as usual.
ProLogis Announces Leases in Japan, Nevada
ProLogis has pre-leased approximately 190,000 square feet near Tokyo to Arata Co., a wholesale distributor and third-party logistics provider
Bob Bach Leasing Market to be Under Downward Pressure in 2009
The labor market will likely continue to struggle in 2009, and as a result, tenant demand for commercial real estate may not “firm up” until 2010, according to Bob Bach, senior vice president & chief economist for Grubb & Ellis Co.
Delores Conway Report Sees Gloomy 2009 for SoCal CRE
Business closures and slowing trade will negatively affect the office and industrial sectors well into 2009 in Southern California, according to a report released today by the Casden Forecast at the University of Southern California Lusk Center for Real Estate.
ProLogis Leases 118,500 SF near Columbus
ProLogis has leased approximately 118,500 square feet near Columbus, Ohio to Health Care Logistics, a distributor of unique and hard-to-find healthcare products.
ProLogis Leases 489,000 SF in California
ProLogis has leased approximately 489,000 square feet of distribution space to a pair of tenants in California’s Central Valley.
ProLogis Leases 300,000 SF to Daimler Trucks in Memphis
ProLogis has leased 300,000 square feet of distribution space in Memphis, Tenn., to Daimler Trucks North America, the company announced. 
New York State, New England See Modest Rise in M-F Asking Rents
Despite the careening economy, average asking rental rates throughout New York State and New England notched moderate gains in the third quarter compared with the levels recorded in the first quarter, according to a recent report.
WestLB’s 129,000-SF Move to 7 WTC Brightens Downtown Picture
A major new lease from a financial firm is rare in New York City these days, especially around embattled Wall Street. So yesterday’s announcement that a financial firm will scoop up a large block of trophy tower space in Downtown Manhattan came as a pleasant surprise.
Pair of Firms Lease 250,000 SF at ProLogis Complex in Japan
ProLogis has signed new lease agreements for approximately 250,000 square feet of distribution space in Osaka, Japan to two third-party logistics providers.
Eola Capital Signs University to 81,500-SF Lease in Tampa
Eola Capital, an Orlando-based real-estate investment company, has agreed to an 81,500-square-foot, 10-year lease at Tampa's Sabal Corporate Center with the Ft. Lauderdale-based Nova Southeastern University.
Firm Inks 205,000-SF Lease Near Baltimore
ProLogis has leased 205,000 square feet near Baltimore to PrimeSource Building Products, a building materials distributor.
ShareBuilder Takes 130,000 SF in Seattle’s Pioneer Square
ShareBuilder, an online brokerage and investment subsidiary of ING Bank fsb, is growing so rapidly that it needs more space and is moving from Bellevue, Wash., to 83 King St. in Seattle’s Pioneer Square, an eight-story building owned by Starbucks.
Spiegelman_Gene Despite Global Economic Slowdown, World’s Prime Shopping Streets See Rental Rise
Despite a slowing world economy, many of the world’s signature shopping thoroughfares are seeing retail rents rising, or at least remaining stable, according to Cushman & Wakefield’s 23rd annual "Main Streets Across the World" report, which measures the strength and popularity of major shopping streets in 48 countries.
 

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