Retail Center in Kailua, Hawaii, Sells for $66Mln
March 29, 2023
IDI Logistics to Bring Industrial Project to Gastonia, N.C.
March 29, 2023
Subject: Leases (LSE)
Alaska Airlines Renews, Expands Office Lease in Renton, Wash.
Commercial Property Executive Alaska Airlines has renewed and expanded its lease at the Longacres Campus, a 962,800-square-foot office property in Renton, Wash. The airline company will now lease 107,000 sf, up from 38,000 sf, for an additional 20 years. JLL ...
H&M Leases 30,000 SF of Retail Space Along Chicago’s Magnificent Mile
Crain's Chicago Business H&M has agreed to lease 30,000 square feet of retail space at 679 North Michigan Ave. along Chicago's Magnificent Mile. The retailer will be cutting its space along the well-known shopping district, as it previously had occupied ...
National Multifamily Rents Increase for First Time in 5 Months
Multifamily rents nationwide rose by 0.3 percent in February from January, after five straight months of rent declines, according to Apartment List. A year earlier, monthly rents had risen by about 0.6 percent.
Logistics Company Fully Leases 75,072-SF Industrial Property Near Chicago
REBusiness Online Masterpiece International has agreed to fully lease a 75,072-square-foot industrial building within the Elk Grove Industrial Park in Elk Grove Village, Ill. The logistics company was represented by Brown Commercial Group, while the property's owner, ML Realty Partners, ...
Restaurant Supply Store Pre-Leases 693,000 SF of Industrial Space in Reno, Nev.
ConnectCRE.com WebstaurantStore has agreed to fully pre-lease a 693,000-square-foot industrial property that is under construction within the Tahoe Reno Industrial Center in Reno, Nev. The online restaurant supply store is leasing the space from the property's developer, Majestic Realty. The ...
Salesforce is Offering 125,000 SF of Office Space for Sublease in San Francisco
San Francisco Chronicle Salesforce.com Inc. is offering for sublease 125,000 square feet at Salesforce Tower, a 1.42 million-sf office property in San Francisco that serves as the company's headquarters. The cloud-based software company, which recently laid off 8,000 employees, explained ...
California Plans to Axe 1.16Mln SF of Office Leases Throughout the State
Connect CRE The state of California plans to terminate 132 office leases totaling 1.16 million square feet this year, according to Governor Gavin Newsome's 2023-2024 budget proposal. The cutback in space is expected to save the state about $35 million ...
Logistics Firm Inks Lease for 904,495 SF in Forney, Texas
Dallas Business Journal Hayes Co. has agreed to lease 904,495 square feet of industrial space in Forney, Texas, about 24 miles east of Dallas. The Wichita, Kan., logistics and fulfillment company is taking its space at Forney Logistics Crossing, at ...
77,863-SF Office Lease Signed in Suburban Chicago
REBusiness Online CF Industries has agreed to lease 77,863 square feet of office space at the 432,000-sf office property at 1 Astellas Way in Northbrook, Ill. The manufacturer of clean energy products was represented by JLL, while Transwestern Real Estate ...
170,000-SF Office Lease Signed in Rancho Cordova, Calif.
Rentv.com Solidigm has agreed to lease 170,000 square feet at White Rock Corporate Campus, a 518,156-sf office property in Rancho Cordova, Calif. The semiconductor company is leasing the space from Basin Street Properties, which was represented in the lease by ...
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