Brennan Investment Group , a Chicago-based real estate firm, and a client of Arch Street Capital Advisors, a Greenwich, CT-based real estate investment advisory firm, have formed a fifth joint venture to acquire, own and manage a substantial portfolio of industrial properties throughout the US.
The venture will focus on acquiring individual industrial assets in major markets that are critical facilities to tenants and leased on a long-term basis...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Chicago, San Francisco, Boston, Northern New Jersey, Washington DC, Los Angeles, New York City, Atlanta, Minneapolis, Seattle, Salt Lake City, Las Vegas, Toronto, Austin, Dallas / Ft. Worth and South Florida.
Cushman & Wakefield Adds Tyler as Managing Director
Kris Knapstein joined the Dallas office of Savills Studley as a senior portfolio account manager focused on domestic and global accounts. He will work on a team led by Executive Managing Directors Charles Daggett and Dina Zavislak to support clients through the firm's extensive platform of services.
Knapstein spent the last 13 years at Cushman & Wakefield where he was involved in managing key client relationships, reporting, resource allocation...
UMB Bank has signed a 10-year lease at 777 Main in downtown Fort Worth, TX where the company will establish a new flagship office.
A diversified financial holding company and subsidiary of Kansas City-based UMB Financial Corp (NYSE: UMBF), UMB Bank will occupy 19,000 square feet on the fifth floor currently occupied by Frost Bank. The deal includes 12,000 square feet of office space and a 7,000-square-foot lobby, as well as exterior signage....
Entrada Partners, a real estate investment firm launched in 2005 in Los Angeles, finalized a deal with Elliott Management Corp. out of New York City to acquire a 508,840-square-foot portfolio comprised of office, flex and industrial space in the Dallas-Fort Worth market. Terms of the deal were not disclosed.
Completed between 1983 and 1987, the office portion of the portfolio consists of Counterpoint at Las Colinas at 8101 and 8113 Ridgepoint Dr...
Dallas-Fort Worth has consistently ranked as one of the top U.S. metros in terms of employment growth this cycle, both on a nominal and percentage basis. The metroplex has added an average of more than 100,000 jobs (3%+ annual job growth) since 2012. Total employment in D-FW is now about 20% above where it was at the peak of the last business cycle, well above the US average of around 5%.
Click Image to Expand. Story Continues Below8/15/2017 10:29:22 PM
Independent Bank Group (NYSE: IBTX), the holding company for Independent Bank, will get a new corporate headquarters building in McKinney, TX.
The 150,000-square-foot build-to-suit will be constructed on a 10.4-acre site at State Hwy. 121 and Grand Ranch Pky. at McKinney Corporate Center Craig Ranch, a 137-acre office park located within 30 minutes of DFW International Airport and Dallas Love Field.
Tapped to develop IBG's new corporate headquarters...
Elected officials and business recruiters in at least 11 Midwestern and southern states are wooing Japanese automakers Toyota Motor Corp. and Mazda Motor Corp., which announced a joint venture to build a $1.6 billion U.S. factory to produce Toyota Corollas and cross-over models that Mazda plans to introduce to the North American market.
Pending approvals and authorization by government agencies, the companies will begin to examine detailed plans...
Chicago-based Northern Trust (NYSE: NTRS) has signed a lease with The John Buck Co. and Morgan Stanley to occupy 462,000 square feet in the venture's 333 S. Wabash Ave. tower in Chicago's East Loop.
The John Buck Co. and Morgan Stanley paid $108 million back in March 2016 to acquire "Big Red," a 1.2 million-square-foot, 45-story high-rise that for the last 45 years has served as the headquarters of CNA Financial (NYSE: CNA).
For Northern Trust...
The College Football Playoff (CFP) has negotiated a long-term deal with Gemini Rosemont Commercial Real Estate to maintain its corporate offices at The Summit at Las Colinas in Irving, TX.
CFP, the organization that selects the matchups for Division I college football's BCS bowl games, has been headquartered at 545 E. John Carpenter Fwy. since 2013. With the renewal, CFP will remain in its 10,228-square-foot offices through 2024.
A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.
Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.
The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.
This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.
You’ll want it, even if you can't get it yet.
Monday, August 21 marks the first total solar eclipse to hit the mainland United States in nearly 40 years.
Sure, you can buy solar glasses. Or you can save your money an make a DIY pinhole. It's a lot more fun.
Don't have a DSLR with a fancy lens? That's fine. You can still get some great photos using your phone's camera.
Sometimes the game of thrones' smartest players make the dumbest moves.
A tariff on international solar panels threatens to curb an important contributor to the nascent clean energy boom.
Image recognition software showed a tendency to associate women with shopping and men with shooting.
Humans can hear approaching sirens, autonomous cars need to, too.
You should be able to TiVo the internet. Here's why you can't.
The engineering lift behind the mysterious Project One.