Business Specialties Leasing
Procter & Gamble Leases 1.2MSF Suburban St. Louis Industrial Building
In an effort to fulfill its need for a large block of industrial space in the St. Louis area, Procter & Gamble has signed a lease that will expand an existing 580,000-square-foot distribution center into a 1.2 million -square-foot facility.
DCT Industrial Sees Strong Leasing Activity in Memphis
DCT Industrial Trust Inc., a Denver-based industrial REIT, has signed more than 770,000 square feet of leases in Memphis, including two companies that expanded and a new client.
San Diego Economy, Real Estate Likely to Remain Unsettled   
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. 
CBRE to Be Leasing Agent for 300 New Jersey in D.C.
CB Richard Ellis Inc. has announced local real estate investor and developer Ralph Dweck selected the firm to handle leasing for Washington, D.C.’s 300 New Jersey Ave., N.W.
Pinnacle Commits to 30,000-SF Flex Building
Pinnacle Wireless will take its headquarters from Montclair to Hackensack, where it has signed a lease to occupy the entire 30,000-square-foot flex building at 80 Commerce Way.
Denver Office Building Gets Under Way with New 330,000SF
With a 330,000-square-foot lease agreement from Xcel Energy in hand, Westfield Development Co. has just commenced construction of a 500,000-square-foot office tower in Denver's central business district.
zaragoza ProLogis to Develop 860,000SF Pre-Leased Distribution Facility in Spain
ProLogis has unveiled plans to develop and lease an 860,000-square-foot industrial facility in northern Spain to Bosch-Siemens Home Appliance.
Insurance Firm Snags 13,200SF at Raritan Plaza for Relocation
AmWINS Group Inc. has signed on to occupy 13,200 square feet at Raritan Plaza III, the class A office structure within Raritan center in Edison.
Vista Picks JLL To Rep Mixed-Use in Houston
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
GSA Renews Lease in Virginia
Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va.
395 hudson Newsweek Relocating NYC HQ to 395 Hudson
Newsweek has signed a long-term lease for approximately 163,000 square feet at 395 Hudson St., owned by the New York City District of Carpenters Pension Fund.
AMB  Leases 126,000 SF in Chicago Development
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
Healthcare Data Firm Takes 45,000SF Office Building
After having sublet part of the office building at 2700 Horizon Drive in King of Prussia for the last four years, Health Market Science Inc. has made a move to expand its occupancy to the entire 45,000 square-foot property.
Summit Management Leases Office Space in Allentown
Summit Management and Realty Co. has completed two office leases totaling 3,000 square feet in Allentown, Va.
Transwestern Awarded Leasing, Marketing of Chicago-Area Offices
Transwestern's Chicago office has been awarded the leasing and marketing of Olympian Office Center in Lisle, Ill., Continental Towers I, II and III in Rolling Meadows, Ill., and 800 & 810 Jorie Boulevard in Oak Brook, Ill.
KBR Projects KBR Plans 1MSF Office Complex in Houston Suburb
As the Energy Corridor of Houston moves outward toward the suburb of Katy, Houston-based KBR plans to ink a deal for almost 1 million square feet of office space in a long-term lease in a campus off Grand Parkway and Interstate 10. Financials of the deal were not disclosed.
Two D.C.-Area Buildings Leased Up
Washington Property Co. has leased up at two of its commercial office buildings--4 Research Place and Patriot East.
Washington Property Leases Spave in Suburban Maryland
Washington Property Co. has reached the 100 percent leased mark at two of its commercial office buildings in suburban Maryland.
Binswanger Executes Five Leases in Philadelphia
On behalf of 1500 Walnut Enterprises L.L.C., Binswanger  announces the execution of five leases totaling 32,590 square feet at 1500 Walnut Street in Philadelphia, Pa.
Microsoft to Pre-Lease 571,800SF Office Building in Bellevue
Software giant Microsoft has committed to leasing City Center Plaza, a 571,800-square-foot office building currently being developed in Bellevue by Wright Runstad & Co. and Beacon Capital Partners, the Seattle Times reports.
Healthcare Firm Takes 20,000SF in Costa Mesa
The 236,200-square-foot class A office property at 555 Anton Blvd. in Costa Mesa will welcome Blue Shield of California to its tenant roster.
Indian Bank Renews Manhattan Lease
The Bank of Baroda has signed a 20-year, 10,500-square-foot lease renewal for its U.S. headquarters at 1 Park Ave. in Manhattan, a CB Richard Ellis Inc. source told CPN exclusively today.
 

Chicago CBD Office Market Sees Impact of Uncertain Times
The office market in Downtown Chicago experienced an uptick in vacancies, and a chunk of negative absorption in the first quarter of 2008, according to a report released this week by locally based MB Real Estate (the report also covered suburban Chicago). 
The Staubach Secures Lease for Dow Jones Building in Princeton
The Staubach Co.'s New Jersey office has  announced that, on behalf of the building owner Dow Jones & Co., it has arranged a 30,000-square-foot lease with Protech Solutions Inc. at 4300 Route 1, Building Three, within the Bernard Kilgore Center corporate campus in Princeton, N.J.
Broadway Partners Leases to Waste Management in Houston
New York-based Broadway Partners has announced that Waste Management Inc. has signed a 10-year lease extension for 181,000 square feet at downtown Houston’s One City Centre.
 

No One Covers the Commercial Property Leasing like CPN


Follow CPN?s real estate market reports from sustainable design to leasing specialties. CPN remains the leading real estate magazine dedicated solely to the commercial real estate industry.