Business Specialties Leasing
ProLogis Leases 252,000 SF to Schenker in France
July 21, 2008

ProLogis has leased 252,000 square feet of distribution space in France to Schenker S.A., a French subsidiary of the Schenker Group. The firm will occupy 100 percent of a recently completed facility at ProLogis Park Mer, located along the A10 motorway, between the cities of Orleans and Blois. Schenker will operate the space on behalf of Mitsubishi Electric. Schenker currently leases more than 1.95 million square feet from ProLogis at parks located in Asia, Europe and North America. ProLogis Park Mer  contains three buildings totaling 753,000 square feet of space. In addition to Schenker, Bridgestone Europe and Continental AG occupy adjacent, 226,000-square-foot  buildings at the park. Schenker currently leases more than 1.95 million square feet from ProLogis at parks located in Asia, Europe and North America.

 
Recent Leasing Headlines
D.C. Office Market Flat Despite Financial Chaos: Report
Oct. 10, 2008
The modest second-quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market with slowing leasing activity.
Logistics Company Inks 720,000-SF Industrial Lease in Suburban Detroit
Oct. 10, 2008
Comprehensive Logistics Co. has signed a lease for approximately 718,700 square feet of space in Romulus, Mich., at the Northline Industrial Center, a 1 million-square-foot warehouse facility located at 38481 Huron River Dr., about 25 miles west of Detroit.
Too Early to Put Manhattan Office Market in the Tank: CBRE
Oct. 08, 2008
Manhattan’s office market is coming back down from the stratosphere, but reports of an impending crash are greatly exaggerated, top executives from CB Richard Ellis Inc. argued at a morning briefing today.
Macquarie Expands NYC Lease to 260,000 SF
Oct. 08, 2008
Macquarie Group, an international provider of banking, financial, advisory and investment services, has renewed and expanded its leased space at 125 West 55th St. in Manhattan. The firm currently occupies 100,000 square feet, and will expand its occupied space to 260,000 square feet under the expansion.
Balance Tips Toward Tenants in Manhattan: Cushman & Wakefield’s Harbert
Oct. 07, 2008
Hard numbers are confirming what real estate professionals have suspected for months about the nation’s largest office market. According to Cushman & Wakefield’s third-quarter report, Manhattan is showing the clearest signs yet of softening since the credit crisis began last year.
 

 

Financial Market Update: After the Bell -Friday, Oct. 10
October 10, 2008
By Dees Stribling, Contributing Editor -- Investors usually pay lip service to long-term investing, but in times of crisis the reality is sell - everything - now! Panic was the order of the day on Wall Street, which saw the...

Federal Capital Partners Closes $230M Fund, Will Seek Debt Investments
October 10, 2008
By Gail Kalinoski, Contributing Editor -- Armed with a $230 million private equity fund that could allow up to $900 million in investments, Federal Capital Partners said it would continue to seek deals on value-added assets, but would also move...

HFF Arranges $97M Refi for Industrial Portfolio
October 10, 2008
By Coreen Bailor, Research Editor -- The Dallas office of Holliday Fenoglio Fowler L.P. has secured $97.5 million in refinancing for a seven-property industrial portfolio comprising 2.2 million square feet in Florida, New Jersey, Oregon and Texas. The cluster of...

D.C. Office Market Flat Despite Financial Chaos: Report
October 10, 2008
By Elena Gontar, Staff Writer -- The modest second quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market...

Fed, Central Banks Cut Rates
October 08, 2008
By Tom Dworetzky, News Editor -- The Federal Reserve has cut its key rate from 2 percent to 1.5 percent. The response, an effort to stem mounting losses in the markets around the world, is part of a move that...

Management Matters with Mike Myatt: Are Recruiters Effective?
October 10, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Sourcing tier one talent is an issue for all businesses. I was recently asked if recruiters are effective, or if they're worth the investment. Since my firm has a talent management practice which...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...