Capitalization rates, or the initial yields that investors require from triple-net leased properties, last year declined to historic lows as interest rates remained low and investors pushed up prices for the safest properties Cap rates have, in...
A venture of Winstanley Enterprises and Surrey Equities has put a portfolio of 12 net-leased supermarket properties up for sale through JLL Capital Markets The 804,000-square-foot portfolio, leased to Stop & Shop and Giant Foods, both units of Dutch...
Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
Calkain Cos has opened an office in Manhattan and hired Michael Heneghan as senior managing director to run it The office becomes the sixth for the Herndon, Va, brokerage, which specializes in properties that are net leased to their tenants Earlier...
Office-market fundamentals in suburban Washington, DC, tumbled in the first quarter, according to brokerage Cassidy & Pinkard Colliers The vacancy rate in northern Virginia increased 22 percentage points to 133 percent as the amount of space...
USF&G Financial Services Corp has negotiated the termination of its lease for 100 Light St, a 530,000-square-foot office building in downtown Baltimore that is owned by Lexington Realty Trust USF&G, a unit of St Paul Fire and Marine...
Crain’s Cleveland Tucker Ellis & West LLP plans to lease 100,000 square feet at the Old River Road building in Cleveland‘s Flats East Bank Neighborhood The law firm plans to vacate its space in the Huntington Building when its lease...
Cincinnati Enquirer American Financial Group Inc has agreed to anchor a 40-story office tower under construction in downtown Cincinnati The insurance firm plans to lease 530,000 square feet in the 825,000-sf building Its lease will run for 15 years...
Chicago Tribune William Blair & Co is expected to sign a lease this week for as much as 350,000 square feet at 200 N Riverside Plaza in Chicago The financial services firm will likely sign a 15-year lease that begins in 2011 when its current...
Indianapolis Star Marsh Supermarket is seeking a tenant to lease all or a portion of its 150,000-square-foot headquarters building in Hamilton County, Ind The grocery chain has cut staff since being acquired by Sun Capital in 2006 and now claims the...
