Finance Net Leasing
Tenneco Renews Lease in Long Beach, California
April 21, 2008
By: Tom Dworetzky, News Editor

Tenneco's Rancho--Long Beach division has renewed its lease for the entire three-building complex, totaling 109,850 square feet, located at 6925 Atlantic Avenue, according to The Staubach Co., who represented the firm.

Tim O'Rourke, Michael Burns, Mike Fowler and Ben Stapleton led The Staubach team, while working with Keith Elkins of Jeffer, Mangels, Butler & Marmaro, who represented Carson Property Co., the building owner.

Recently, Staubach represented Children's Medical Center Dallas, as CPN reported. The center took a 99,999-square-foot least at Stemmons Place, a 20-story, 635,000-square-foot class A office tower situated just off the 16-lane Stemmons Freeway in Dallas.

Staubach has almost 1,600 people in 65 offices throughout the Americas represent Staubach's 3,050 clients. Staubach completed 7,280 transactions totaling $28 billion and 200 million square feet during the fiscal year ending June 2007. Tenneco is a $6.2 billion global manufacturing company with headquarters in Lake Forest, Ill. It designs, manufactures and markets of emission control and ride control products and systems for the automotive original equipment market and the aftermarket.

 
Recent Net Leasing Headlines
Behringer Harvard Sells Houston Office Property
July 08, 2008
Behringer Harvard announced today the sale of Enclave on the Lake, an approximately 171,000-square-foot office building in the Energy Corridor of west Houston, Texas.
NetLease Q & A: Savillis' Oppenheim Says Seniors Housing Has Special Cases
July 08, 2008
CPN NetLease recently had a talk with Meredith Oppenheim, senior vice president of Savillis, the New York branch of London-based global real estate firm Savills Plc, about how net lease as it applies to seniors housing.
Taurus Investment Completes Sale-Leaseback with Pratt Industries
July 07, 2008
Taurus Investment Holdings closed the purchase of a newly constructed, 356,541-square-foot manufacturing/distribution facility in Statesville, N.C., through its subsidiary, Taurus Corporate Properties L.L.C., which focuses on sale-leaseback and single-tenant net lease investments.
ATT Atlanta Wells REIT II Snags Another AT&T Building in Atlanta
July 02, 2008
Wells Real Estate Investment Trust II has acquired Lindbergh Center, a groundbreaking, transit-oriented development in Atlanta’s Buckhead area, in a sale-leaseback from AT&T.
ProLogis Arranges 500,000SF Lease in Dallas
July 02, 2008
ProLogis has leased a total of 500,000 square feet to three customers in the greater Dallas metropolitan area.
 

 

REal Talk with Adam Perrotta - Tues., July 8th
July 08, 2008
By Adam Perrotta, News Writer --A lot of news out of the Left Coast today, including the approval of a massive makeover for LAX airport, Laramar Group opening its California office with a bang and troubled Maguire Properties selling off...

Maguire to Sell Orange Country Property for $211M
July 08, 2008
By Dees Stribling, Contributing Correspondent -- Maguire Properties, under new management in recent months and pursuing a plan to reduce the debt it incurred by bulking up on SoCal office space in recent years, is selling off Main Plaza Towers...

$400M Army Hotel Program Takes Next Step
July 08, 2008
By Barbra Murray, Contributing Editor -- The U.S. Army's plan for developing and renovating hotels at 12 installations as part of its Privatization of Army Lodging program has just advanced to the next stage now that it has entered into...

Penn National Gets Option on MD Parcel for Possible Casino
July 08, 2008
By Gail Kalinoski, Contributing Editor -- Penn National Gaming Inc. has secured an 18-month option on 36 acres in Perryville, Md., where it hopes to set up a slots casino and entertainment center. The price of the land was not...

Hill Wins Contract for $1.6B Abu Dhabi Project
July 08, 2008
By Scott Baltic, Contributing Editor -- New Jersey-based Hill International has been awarded a contract by Sorouh Real Estate PJSC of Abu Dhabi, United Arab Emirates, to handle project management for Gateway Towers 3 through 8 at the firm's Shams...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...

How to Reduce Employee Turnover
June 06, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Few things in business are as costly and disruptive as unknowingly having the proverbial revolving door for employees to exit from. While there are many secondary and tertiary items that can influence an...

How To Delegate for Success
May 30, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --If you desire to become a top CEO it will be essential for you to master the art of leveraging down. Think of any top performing CEO and you'll find that to the...