Business Specialties Leasing
AMB  Leases 126,000 SF in Chicago Development
May 7, 2008

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. Ashley Furniture is using the facility, named AMB Remington Lakes Distribution Center, as their new distribution center servicing the Midwest for the distribution of finished goods.

 
Recent Leasing Headlines
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.