Tag Archives: office

Office Lease Up (October 16) Dropbox Signs Largest Office Lease in San Francisco History

Wrap-Up of Largest Reported Workplace Leases Include Deals by New York City Dept. of Examination, EDC, Jazz Pharmaceuticals and more

Dropbox has signed a lease for 100 % of the workplace in Kilroy Realty Corp.’s The Exchange on 16th project in an offer that represents the largest single office lease ever checked in San Francisco.

The file hosting service and leading worldwide cooperation platform agreed to a 15-year lease for 736,000 square feet within the 751,242-square-foot, four-building task currently under advancement along the 16th St. corridor in San Francisco’s Mission Bay area. Dropbox will expand into its new space in three phases to begin in the fourth quarter of 2018 and conclude in the 4th quarter of 2019.

Created by Rios Clementi Hale Studios, the LEED Platinum-seeking advancement will consist of 4 interconnected structures, comprised of 2 six-story and two 12-story buildings, with a selection of on-site features to include collaborative outdoor spaces, two public lobbies, rooftop gardens and a lobby bike medspa, in addition to 14,400 square feet of street-level retail space currently readily available for lease. The Exchange is slated to deliver adjacent to I-280 near Muni’s T-Line at 1800 Owens St. in mid-2018.

Costs Cumbelich and Mark Geisreiter of CBRE’s San Francisco workplace, together with Sherman Chan of CBRE’s San Jose office, represented KRC in settlements at The Exchange on 16th. By Bryce Meyers

New York City Dept of Investigation Leases 276,000 SF at Continental Center

The New york city City Department of Investigation signed a 20-year office lease for 276,221 square feet in the office complex

located at 180 Maiden Ln. in New York City. Located on the East River in lower Manhattan, the 41-story Continental Center amounts to approximately 1.2 million square feet in the City’s Financial District submarket. The government firm will occupy the 16th and 24th floorings of the home.

Tara Starcom, Robert Lowe, Justin Royce and Frank Cento of Cushman & & Wakefield, as well as Jesse Rubens, Richard Doolittle and James Tamborlane of MHP Realty Services represented the proprietor. The occupant handled lease negotiations internal. By Alex Ern

EDC Leases 218,000 SF at One Liberty Plz

Economic Development Corporation (EDC), a non-profit corporation that promotes economic development throughout New york city City’s 5 districts, signed a 20-year lease for 218,486 square feet in the office complex at One Liberty Plaza in New york city City.

Previously called the Merrill Lynch & & U.S. Steel Building, the residential or commercial property is 54 stories and totals 2.3 million square feet. EDC’s 20-year lease consists of the whole 10th through 13th floorings of the building. For more than a year, the agency was in search of a new head office space from their present location at 110 William Street.

Neil Goldmacher, Chris Mongeluzo and Howard Kesseler of Newmark Knight Frank (NKF) represented EDC. NKF’s Hal Stein, Peter Shimkin, Nick Berger and David Falk represented the landlord together with in-house brokers Duncan McCuaig, Mikael Nahmias and David McBride with Brookfield Office Characteristic, Inc. By Andrea Quach

Jazz Pharmaceuticals, Stanford University Make Music As soon as Again in Palo Alto

Jazz Pharmaceuticals (NYSE: JAZZ )made a little sound in Palo Alto after the Ireland-based biopharmaceutical company signed a lease with Stanford University to fully inhabit a planned 99,415-square-foot office job set to begin later on this year at 3181 Porter Dr.

Jazz, which consented to a 12-year term with 2 five-year renewal options, is tentatively arranged to take tenancy by the end of 2019.

Mike Connor, David Hiebert and Ben Paul of Cushman & & Wakefield negotiated the lease on behalf of Stanford University, while George Fox of CBRE brokered the deal for Jazz Pharmaceuticals. By Bryce Meyers

PNC Bank Restores 89,000-SF Lease in East Brunswick

PNC Financial Services renewed its lease for 88,914 square feet in 2 Tower Center Blvd. in East Brunswick, NJ.

The 24-story, 404,000-square-foot office building was integrated in 1988 and features a seven-story parking garage, a conference center, health club and a complete snack bar.

Jeremy Neuer of CBRE represented the renter. David Simson of Newmark Knight Frank represented the property manager. By Jordan Schott

Morrison & & Foerster Commits to Akridge’s 2100 L Redevelopment

Akridge, in a joint endeavor with Corporate Office Properties Trust (NYSE: OFC)and the Argus Group, secured its very first tenant at the endeavor’s 2100 L St. job slated to break ground next year near the West End in downtown Washington, D.C.

Morrison & & Foerster LLP consented to a 15-year offer for 81,300 square feet across the leading four floorings of the proposed 10-story, 190,000-square-foot prize office building. The leading worldwide law firm from San Francisco will move its D.C. offices after nearly Twenty Years at 2000 Pennsylvania Ave. NW to its expanded area in the very first quarter of 2021. Malcolm Marshall III and Audrey Cramer of Cushman & Wakefield represented Morrison & Foerster in settlements. Ben Meisel, Wil Pace, Tim McCarty and McKay & Elliott of Akridge are specifically marketing 2100 L St. NW on behalf of ownership. By Randetta Johnson API Signs First Office Lease at 2.2 Million-SF Capitol Crossing Task in Capitol Hill American Petroleum Institute(API)has< a href= "http://gateway.costar.com/home/news/183422?market=40"target

=”_ blank “> consented to open a brand-new workplace at Home Group Partners’2.2 million-square-foot Capitol Crossing development in downtown Washington, D.C. in a deal that marks the very first workplace lease signed at the massive Capitol Hill workplace and retail job. The biggest trade association for the oil and gas industry, API will occupy 74,182 square feet across the leading two floorings at

200 Massachusetts Ave., a 425,420-square-foot, 12-story office building being developed as part of stage among Capitol Crossing. Greg Lubar and Chris Bynum of JLL worked out the lease for API, while Art Santry, Laurie McMahon, Bruce Pascal and Ned

Goodwin of Cushman & Wakefield brokered the offer for Residential or commercial property Group Partners/Capitol Crossing. By Bryce Meyers Very first People Bank Signs 53,000-SF Lease at Pillars II First Citizens Bank has signed a lease for 53,214 square

feet across the top two floors of the Pillars II structure situated at 8510 Colonnade Center Dr. in Raleigh, NC. The largest family-controlled bank in the United States and a banking subsidiary of $31 billion monetary holding business First Citizens BancShares( NASDAQ: FCNCA ), First People Bank will totally occupy the 4th and 5th floorings of the five-story, 126,926-square-foot Pillars II structure, which delivered in 2008 minutes from I-580 in the 6 Forks Falls of Neuse submarket. Dennis Hurley, SIOR and Hillman Duncan, CCIM, SIOR of Cushman

& Wakefield dealt with worked out on behalf of homeowner, Realty & Value Advisors. By Brennan West Noveome Biotherapeutics Indications Long Term Lease Growth Noveome Biotherapeutics protected a long-term lease growth and extension for its head office at 100 Technology Dr. in Pittsburgh, PA. The extension includes 28,400 square feet of office in the 153,110-square-foot Bridgeside Point I office building in

the Parkway East Passage submarket. Alexa Jennings and Nick Jacobs of JLL assisted in the direct lease agreement on behalf of the occupant. By Peter Jaquez Markel Providers

Signs 10-Year Lease Extension at 1185 Sixth International financial investment and insurance holdings firm Markel Services has extended its 27,505-square-foot lease, spanning the entire 8th floor of 1185 Avenue of the Americas in New York City, for 10 more years. SL Green Realty Corp. owns the 42-story, 1.11 million-square-foot, 4-Star workplace tower. It was integrated in 1972 on one acre in the Times Square submarket of Midtown Manhattan, in between 46th and 47th Streets. William Golden of Cushman & Wakefield represented Markel Provider in lease settlements. Howard Tenenbaum and Gary Rosen with SL Green represented the property manager in-house. By Diana Bell Grant Thornton Leases 26,000 SF in Orange County Grant Thornton, a leading worldwide independent audit, tax and advisory company, signed a seven-year lease for 26,319 square feet in the office complex

at 4695 MacArthur Court in Newport Beach, CA. The 16-story office building is owned by the Irvine Company and totals 303,853 square feet. Grant Thornton’s lease consists of the entire 16th floor and part of the 15th flooring at the MacArthur Court Stage 2 Office complex. Cushman & Wakefield’s Dan Fisk and Chon Kantikovit represented the occupant. The property manager dealt with the deal in-house. By Allan Harrington FUDA Int ‘l Restores 19,000-SF Workplace Lease at 525 Seventh FuDa International, a fashion wholesale supplier,

renewed its lease for 19,119 square feet in the office building at 525 Seventh Ave. in New york city City. The 24-story structure overalls 463,818 square feet and was built in 1925. The residential or commercial property is currently owned by Olmstead properties. Marc Schoen and Brian Neugeboren with The Schoen Group represented FuDa. Steven Marvin of Olmstead Residence acted upon behalf of ownership in-house. By Eric Samuels Kleuver & Platt to Open Office in Crain’s Interaction Bldg. Chicago law firm Kleuver & Platt has signed a lease to completely inhabit the 26th floor of the Crain’s Communications Building in Chicago’s East Loop. The 661,477-square-foot, 41-story workplace tower at 150 N. Michigan

Ave. is anchored by Crain Communications and also houses workplaces for Jackson Lewis LLP, ACLU of Illinois and Punchkick Interactive. Kleuver & Platt will occupy its

18,744-square-foot space by the end of November. Cushman & Wakefield’s Matthew Lerner and Mark Baby represented the owner, while Daniel Arends of Colliers International represented the occupant. By Bradford Hussey GameChanger Media Relocating to 44 Wall Street GameChanger Media, Inc., the developer of a scorekeeping app for youth sports groups, has signed a new lease for 16,906 square

feet of office at 44 Wall St. in New york city City. A subsidiary of DICK’S Sporting Product, the technology business will make the move from its existing space at 86 Chambers St. later this month when it takes the whole 11th flooring of its new digs on Wall Street. Haley Fisher and Mitch Arkin of Cushman & Wakefield represented GameChanger in

the lease transaction. By Diana Bell Swiss Electronic devices Maker Takes 15,926 SF at Woodfield Corporate Center One of Europe’s largest semiconductor chip maker has signed a lease to open a new workplace within the Woodfield Corporate Center in Schaumburg, IL. STMicroelectronics

, an international electronics and semiconductor producer locateded in Geneva

, Switzerland, inked a seven-year offer for 15,926 square feet at 200 N. Martingale Rd., a 242,492-square-foot, 12-story office complex situated along I-290 simply south of

the Woodfield Shopping center. The business is anticipated to take occupancy in the very first quarter of 2018. Jordan Rovito of Cushman & Wakefield represented STMicroelectronics in negotiations, while Jack Reardon and Jason Wurtz of NAI Hiffman represented the homeowner, Sperry Commercial. By Yanique Campbell

Office Residential or commercial property Trust Files for IPO to Raise $100 Million

A year after acquiring an almost $1 billion portfolio of rural workplace residential or commercial properties, Horsham, PA-based Office Property Trust on Monday submitted to raise as much as $100 million through an initial public offering.

Work space Property, which first filed a personal S-11 registration statement on June 30, prepares to note on the New York Stock Exchange under the symbol WSPT, offering a concealed variety of typical shares in the IPO at a to-be-determined cost. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch are the joint book runners on the offer.

The business, led by former Mack-Cali Realty executives Tom Rizk as CEO and Roger Thomas as president, will utilize the IPO proceeds to acquire common units in its operating collaboration, Workspace Home Trust, L.P., from Safanad Suburban Office Partnership, LP, an affiliate of Safanad Ltd.

. The operating collaboration will in turn utilize a portion of the net proceeds to repay the company’s existing loan with KeyBank NA, pay back a senior mortgage and 3 mezzanine loans in relation to the purchase of its second portfolio, and pay about $63.9 million in cash to redeem the favored equity issued by the operating partnership as part of the 2nd portfolio acquisition.

The operating collaboration anticipates to use any staying earnings for basic business functions, including capital investment and future acquisitions.

Work area Property intends to capitalize on the outperformance of suburban workplace residential or commercial properties relative to CBD properties in recent years, with business executives telling CoStar in October 2016 “the prediction of the death of the residential areas is greatly overemphasized.”

A year ago this month, the business obtained 108 workplace and flex buildings and 26.7 acres of land in 5 markets from Liberty Residential or commercial property Trust (NYSE: LPT). The $969 million purchase with partners Safanad, a Dubai-based international primary investment company; and affiliates of diversified financial investment firm Square Mile Capital Management LLC, was the company’s second significant deal with Liberty Residential or commercial property and expanded Office’s holdings to 149 homes totaling 10 million square feet.

In the first half of 2017, 72% of U.S office leasing activity was concentrated in suburban markets, despite rural markets representing just 69% of inventory.

The spread between typical rural office and CBD job rates is at its floor given that 1999. Building and construction as a portion of stock continues to increase in the CBD, although suburban workplace vacancy rates have declined significantly much faster than CBDs because 2011.

On the other hand, building has been constrained in the rural workplace markets relative to the CBD, while downtown asking rents have been more unpredictable than rural leas. Need for suburban properties has actually ramped up recently as investors have actually begun to recognize the broadening spread between rural and CBD assessments, owned in part by investors’ desire previously in the recovery to pay more for CBD prize buildings and other properties with a perceived lower danger.

As the biggest proprietor in the Horsham/Willow Grove, PA submarket, Work space has 536,994 square feet of flex and tech-flex area and 1.8 million square feet of low-rise office in 40 homes, with retail advancement and other features supplying opportunity for growth near numerous Workspace possessions.

Work space Characteristic is even more positioned to benefit from continued need and lease boosts for its residential or commercial properties in the King of Prussia/Valley Force submarket, where the business owns 30 residential or commercial properties totaling about 2 million square feet of office and flex space.

The company likewise owns possessions in South Florida, Tampa, Minneapolis and Phoenix.

Keppel, KBS Forming New REIT to Acquire $800 Million U.S. Office Portfolio

Singapore-based Keppel Corp. has actually received approval to launch a brand-new REIT on the Singapore Exchange and has reached an offer for that REIT to get 11 U.S. office properties from Newport Beach, CA-based KBS Strategic Opportunity REIT, a nontraded REIT.

The homes have actually not been specifically identified nor has a last purchase price been set. However, KBS presently values the portfolio at $800 million with $400 million in arrearage, inning accordance with a KBS bondholder filing in Israel.

The preliminary portfolio will include workplace residential or commercial properties in markets consisting of Seattle, Houston and Denver, according to a Singapore filing by Keppel.

In those markets, KBS Strategic Opportunity REIT currently owns:

Bellevue Innovation Center– Bellevue, WA– 330,508 square feet– valued at $85.9 million;
1800 West Loop– Houston– 400,101– $73.6 million;
West Loop I & & II– Houston– 313,873– $41.4 million;
Westmoor Center– Westminster, CO– 612,890– $82.4 million;
Central Building– Seattle– 191,705– $35.4 million;
Westpark Portfolio– Redmond, WA– 778,472– $129.9 million; and
Plaza Structures– Bellevue– 490,994– $199.2 million.

KBS Strategic Chance REIT also owns workplace properties in Atlanta, Austin, Dallas, Folsom, CA, and Orlando.

After the Singapore deal, KBS Strategic Chance REIT expects to maintain a 9.5% ownership interest in the SREIT.

The SREIT will be externally handled by a joint venture in between KBS Capital co-founders Keith D. Hall and Peter McMillan III and Keppel Capital Holding. Keppel Capital has actually agreed to pay $27.5 million for its 50% share in Keppel-KBS US REIT Management Pte. Ltd., which will manage the new SREIT to be called Keppel-KBS United States REIT.

Keppel-KBS US REIT will have a financial investment technique of investing, directly or indirectly, in additional commercial residential or commercial properties in crucial growth markets of the United States

“With growing need by global financiers for U.S. realty financial investments in view of the continued steady and sustainable growth of the United States economy, this joint endeavor will offer Keppel with a tactical platform to broaden its geographical footprint in the United States market,” Keppel stated in its Singapore filing.

KBS Strategic Opportunity REIT expects to use most of the earnings from the transaction to acquire new residential or commercial properties. Last month, KBS Strategic Chance REIT acquired 125 John Carpenter Freeway, an office residential or commercial property including two office complex totaling 442,039 rentable square feet in Irving, TX for $83.4 million plus closing expenses.

The Singapore transaction undergoes a number of conditions, including the SREIT getting the essential capital, which might not be raised from U.S. financiers, to obtain the homes. Nevertheless, Keppel said the sale transaction is expected to be completed no later than Dec. 31, 2017.

'' Delighted Death Day ' scares off ' Blade Runner ' at ticket office

Sunday, Oct. 15, 2017|6:19 p.m.

LOS ANGELES– Package office may be struggling this year, but the horror category lives and well.

This weekend the “Groundhog Day”-like scary pic “Happy Death Day” scored a first-place surface, going beyond expectations and blowing the much costlier and star-driven “Blade Runner 2049” from the water.

Studio estimates Sunday show “Delighted Death Day” took in $26.5 million from 3,149 North American theaters. With a $5 million production cost, “Delighted Death Day” is already a hit.

With a PG-13 ranking, the movie scored big with more youthful audiences– 63 percent were under 25.

It’s the most recent success story from Blumhouse Productions, which earlier this year launched “Split” and “Get Out,” with the help of Universal Pictures, which dispersed.

Jim Orr, executive vice president of domestic circulation for Universal, stated “Pleased Death Day” is an original movie that’s reimaging the category.

“It’s as much thriller as it is horror movie. It’s frightening, it’s amusing, and it has an extremely clever script that is effectively executed,” Orr stated. “Blumhouse owns this space no doubt about it, and they do this much better than anyone regularly.”

The movie likewise had the advantage of coming on the heels of the massive success of “It,” which has actually made $314.9 million domestically to date. The “Happy Death Day” trailer played in front of “It” at theaters, which “tremendously increased” audience awareness, stated comScore senior media analyst Paul Dergarabedian.

Horror continues to be one of the bright spots throughout a roller-coaster year at the box workplace.

“This is a horror gold rush at the theaters,” Dergarabedian said. “It’s been possibly the most consistently favorable story this year.”

One movie that does not look destined for a delighted ending is “Blade Runner 2049,” which fell 54 percent in its second weekend in theaters, including $15.1 million to bring its domestic overall to $60.6 million.

The movie was an expensive venture with a production price tag north of $150 million and was well-reviewed by critics. However it couldn’t handle to attract significant audiences beyond the fans of the 1982 original, which was also a flop upon release.

Jackie Chan’s “The Immigrant” debuted in third location with $12.8 million from 2,515 screens, while “It” landed in fourth place in its sixth weekend in theaters.

The Kate Winslet and Idris Elba disaster pic “The Mountain Between United States” rounded out the top five with $5.7 million.

Other brand-new releases landed outside the top 10. The Thurgood Marshall biopic “Marshall” took in a promising $3 million from 821 theaters.

“Marshall is off to a solid start,” said Open Roadway Films CEO Tom Ortenberg in a statement. “We expect Marshall to hold extremely well and run well into the fall.”

However the Marvel Lady creator biopic “Teacher Marston and the Marvel Woman” cannot capitalize from the huge success of “Wonder Lady” previously this year. The movie earned only $737,000 from over 1,200 areas.

“Goodbye Christopher Robin,” about author A.A. Milne and the creation of the precious children’s books and characters, likewise got off to a bad start with $56,000 from 9 theaters.

“October is off to a sluggish start,” Dergarabedian stated.

Approximated ticket sales for Friday through Sunday at U.S. and Canadian theaters, inning accordance with comScore. Where offered, the latest global numbers for Friday through Sunday are likewise consisted of. Last domestic figures will be released Monday.

1.”Happy Death Day,” $26.5 million ($5 million worldwide).

2.”Blade Runner 2049,” $15.1 million ($29.3 million international).

3.”The Foreigner,” $12.8 million ($5.2 million worldwide).

4.”It,” $6.1 million ($10.4 million worldwide).

5.”The Mountain In between Us,” $5.7 million ($4.1 million international).

6.”American Made,” $5.4 million ($3.2 million global).

7.”Kingsman: The Golden Circle,” $5.3 million ($15.6 million worldwide).

8.”The Lego Ninjago Movie,” $4.3 million ($9.5 million international).

9.”My Little Pony: The Motion picture,” $4 million ($4.9 million international).

10.”Victoria and Abdul,” $3.1 million ($1.9 million international).

___

Estimated ticket sales for Friday through Sunday at worldwide theaters (leaving out the U.S. and Canada), according to comScore:

1. “Never Say Pass away,” $30 million.

2. “Blade Runner 2049,” $29.3 million.

3. “Bad Genius,” $16.9 million.

4. “Kingsman: The Golden Circle,” $15.6 million.

5. “It,” $10.4 million.

6. “The Lego Ninjago Motion picture,” $9.5 million.

7. “Geostorm,” $9.1 million.

8. “The Snowman,” $9 million.

9. “The Outlaws,” $8.3 million.

10. “Chasing the Dragon,” $7.7 million.

___

Universal and Focus are owned by NBC Universal, a system of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are systems of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by 21st Century Fox; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of previous creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Home entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Ilmarinen Teams Up with New york city Life on $620 Million Office Portfolio

Finnish Pension Fund Wants to Double its U.S. Investments with NYLife

Ilmarinen Mutual Pension Insurance Co., Finland’s earliest pension fund, and New York Life Insurance Co. have formed a new joint endeavor to own and obtain U.S. commercial properties.

New york city Life seeded the endeavor with a portfolio of initial financial investments: 6 workplace properties in Boston, Washington DC, Charlotte, San Francisco, Los Angeles and Orange County. However, the residential or commercial properties have yet to be specifically recognized other than one being the 295,451-square-foot Westory Structure in Washington, DC, inning accordance with Ilmarinen.

The combined worth of the portfolio is around $620 million. The objective is to roughly double the volume of the joint venture’s property investments in the coming years.

“The bought properties represent a geographically diversified portfolio in growing cities on both the East and West Coast of the United States. Our investments will focus on office homes that are technically sound and functionally modern-day with good occupancy rates,” said Mikko Antila, Ilmarinen’s portfolio supervisor in charge of international real estate financial investments.

Ilmarinen’s share of the joint endeavor is 49% and New York Life holds the rest.

“The tactical partnership with a conventional and reputable institutional investor provides us a strong structure to broaden our investments in United States property markets. The collaboration provides us deep insight into regional business property markets,” Antila said.

Mark Talgo, head of New york city Life Realty Investors, said the JV enables New york city Life to cast a wider web within the workplace sector, and offers further diversification to the company portfolio.

This new real estate collaboration supports Ilmarinen’s financial investment method which focuses on enhancing the international diversification of its realty financial investments. Recently, Ilmarinen has purchased the United States housing market and in another office property in the greater Washington D. location. In addition to Finland, the company has European direct realty financial investments in Germany, Belgium and the Netherlands.

Office Lease Up (October 2) Amazon Picks Manhattan for 360,000-SF Place at 5 Manhattan West

Weekly Wrap-Up of Largest Reported Workplace Leases Include Offers by NTT Data, Kaplan, DLA Piper and more

Amazon signed a 15-year workplace lease for 360,000 square feet in the 5 Manhattan West developing at 450 W. 33rd St. in

New York City. The recently-renovated Brookfield Residence’ structure stands 16 stories tall amounting to more than 2.15 million square feet. The building is the home of multiple tenants including < a href=" http://www.costar.com/News/Article/Related-News-2/191780"target= “_ blank “> J.P. Morgan Chase, R/GA, Markit Group and Brookfield. Amazon will take the whole 6th and seventh floorings of the tower as well as part of the 8th and the tenth floors in a relocation that is anticipated to bring 2,000 tasks to the Penn Plaza/ Garment District submarket of Manhattan.

The Cushman & & Wakefield team of Bruce Mosler, Josh Kuriloff, Rob Lowe, Ethan Silverstein and Matthias Li, along with Brookfield’s internal leasing team of Jeremiah Larkin, Duncan McCuaig and Alex Liscio, represented the property owner. Derek Trulson, Josh Stuart, Costs Peters and Clay Nielsen of JLL represented the tenant. By Daniel Griffin

Japanese IT Company Signs for 233,000 SF at Dreien Opportunity Partners’ The Campus at Tradition West

Japan-based system integration company and Nippon subsidiary NTT Data has < a href=" http://www.costar.com/News/Article/Japanese-IT-Company-Signs-for-233000-SF-at-Dreien-Opportunity-Partners-The-Campus-at-Legacy-West/194520" target=" _ blank" > agreed to take 232,744 square feet at the School at Tradition West in among the largest workplaces rents signed

in the Dallas market this year. Previously the corporate headquarters school of J.C. Penney, the 1.8 million-square-foot Plano, TX office park is located just northwest of One Tradition West, Gaedeke Group’s 14-story office building where NTT Data currently runs out of the top six floorings.

The business plans to transfer from its 729,017-square-foot, three-story complex at 2300 W. Plano Pky. to the second floor of The School at Legacy West with a move-in date scheduled for Q2 2018.

John Conger and David Quisenberry with Colliers International supplied representation for Dreien Opportunity Partners, while Steve Jarvie with ESRP represented NTT Data. By Timothy Houseal

Kaplan Restores 193,000-SF Lease in Fort Lauderdale

Kaplan, Inc. has renewed its lease totaling 193,000 square feet at the Cypress Creek Concourse buildings situated at 1515 and 1525 W. Cypress Creek Dr. in Fort Lauderdale, FL.

Cypress Creek Concourse is consisted of twin four-story, 96,948-square-foot office complex built in 2002 on 45 acres within the Cypress Creek submarket of Broward County. The tenant, the moms and dad business of Kaplan University, has held its headquarters in the 2 buildings since 2004.

Jeffrey Samaras, Kent Ilhardt, Jeff Holding and Franklin Speyer of Cushman & & Wakefield represented Kaplan, Inc. Richard Gatto of The Alter Group represented the property owner in home. By Heather Sellers

DLA Piper to Preserve 119,000 SF of Office at University Circle in East Palo Alto

DLA Piper has elected to
< a href=" http://www.costar.com/News/Article/DLA-Piper-to-Maintain-119000-SF-of-Office-Space-at-University-Circle-in-East-Palo-Alto/194441" target=" _ blank" > restore all 118,167 square feet of office at University Circle in East Palo Alto, CA for an additional five years.

The London-based international law practice and one of the biggest law office in the United States by earnings agreed to an extension with University Circle owner Columbia Property Trust (NYSE: CXP) that will begin following the expiration of DLA Piper’s existing handle June 2018. The company’s brand-new lease will go through June 2023.

George Fox and Hamilton Southworth of CBRE represented DLA Piper in the renewal settlements. Mike Courson and Howard Dallmar of Newmark Cornish & & Carey represented Columbia Property Trust. By Eric Kies

Harvard University Leases 63,000-SF Cambridge Bldg. for IT Providers Dept.

Harvard University has
< a href=" http://www.costar.com/News/Article/Harvard-University-Leases-61000-SF-Cambridge-Bldg-for-IT-Services-Dept/194589" target=" _ blank” > signed a long-lasting lease with The Bulfinch Cos. to establish its infotech (IT) services department at 784 Memorial Dr. in Cambridge, MA.

The lease is for the whole 63,200-square-foot, four-story building, which was originally built in 1937 and inhabited by Polaroid Corp. before most recently real estate the offices of Infinity Pharmaceuticals.

Located on the banks of the Charles River near I-90, the residential or commercial property has actually been refurbished to service the requirements for more contemporary development.

JLL’s John Osten, Molly Heath and Peter Bekarian represented Harvard University. Michael Wilcox worked out the lease in-house on behalf of Bulfinch. By Douglas Dunbar

SunTrust Bank Indications Renewal, Growth in Atlanta’s Perimeter Center

SunTrust Bank has renewed its existing 48,871-square-foot lease and added an additional 8,486 square feet of space at 211 Perimeter Center Pky. NE in Atlanta.

The American bank holding company, which is locateded close by at the 1.2 million-square-foot, 60-story SunTrust Plaza in downtown Atlanta, chosen to preserve its existing workplaces at the Border Center building, noting its proximity to Marta, present workforce and on-site features.

Kirk Diamond, April Parrish, Erin Smith and Steven Taylor of Cushman & & Wakefield represented SunTrust in negotiations, while Jeff Frantz of JLL represented structure owner, GID Investment Funds. By Stuart Paykel

Selective Insurance coverage Co. of America Extends Lease in Richmond’s The Boulders Office Park

Branchville, NJ-based Selective Insurer of America
extended its 30,113-square-foot lease at 7401 Beaufont Springs Rd. in Richmond, VA.

. Referred to as Boulders VI, the 82,732-square-foot, four-story office complex was built in 1998 as part of the four-building The Boulders office park situated in Richmond’s Midlothian Corridor. Selective Insurance coverage inhabits the whole 4th floor and partial space on the third flooring.

Brian Berkey of Cushman & & Wakefield|Thalhimer represented the tenant. Joseph Caperton and Amanda Tyson of Brandywine represented the owners, a joint endeavor comprised of Brandywine Real estate Trust and OZ Management. By Colton Konvicka

Platts Restores 28,000-SF Lease at Heritage Plaza

S&P Global Platts will continue to fully inhabit the 22nd floor of the 51-story, 1.2 million-square-foot Heritage Plaza in downtown Houston after
< a href=" http://www.costar.com/News/Article/Platts-Renews-28000-SF-Lease-at-Heritage-Plaza/194530" target=” _ blank “> accepting a renewal with property owners, AEW Capital Management and Brookfield Workplace Properties

. The energy and products details and analytics service has actually occupied its 28,560-square-foot area on the 22nd floor since 2012, according to CoStar info.

Clint Bawcom and Jon Dutton from Brookfield Workplace Characteristic represented the owners in-house. By James Saris

Fox Swibel Restores 23,000-SF Lease at 200 W. Madison

Fox Swibel has < a href=" http://www.costar.com/News/Article/Fox-Swibel-Renews-23000-SF-Lease-at-200-W-Madison/194578" target =" _ blank" > completed a 10-year lease extension for the company’s 22,600-square-foot workplaces at 200 W. Madison St. in Chicago’s West Loop.

The shop law firm completely occupies the 30th floor of the 45-story, 1.067 million-square-foot 200 W. Madison tower. Other occupants in the building consist of Sikich, Canon and Barack Ferrazzano Kirschbaum & & Nagelberg LLP.

Cal Wessman, Bill Sheehy and Jon Milonas of CBRE represented Fox Swibel in the extension, while Jeff Dowdell and Katie Steele of Transwestern represented the landlord, Multi-Employer Home Trust. By Christopher Pressley

WCA Waste Corp. Leases Leading Floor in 30-Story 1330 Post Oaks Blvd.

. WCA Waste Management, a Houston- based waste management business, < a href =" http://www.costar.com/News/Article/WCA-Waste-Corp-Leases-Top-Floor-in-30-Story-1330-Post-Oaks-Blvd/194580" target=" _ blank" > rented 19,945 square feet in the office building situated at 1330 Post Oak Blvd in Houston, TX.

The 588,531-square-foot, 30-story tower was constructed in 1983 within 4 Oaks Place and last remodelled in 2006. WCA will totally inhabit the top floor, according to CoStar information.

Dan Boyles and Mike Mannella of NAI Partners represented the occupant, while Eric Anderson and Tyler Garrett of Transwestern represented the property owner. By Julian Thompson

Workplace One to Open 5th Area in Greater Toronto Area

Shop office space company Workplace One < a href= "http://www.costar.com/News/Article/Workplace-One-to-Open-Fifth-Location-in-Greater-Toronto-Area/194604" target= “_ blank “> is broadening in Toronto with a fifth location to overall 19,640 square feet at 77 Bloor St. W in Toronto’s Bloor/Yonge submarket.

The company settled a deal to sublease the sixth flooring within the 20-story, 392,814-square-foot office tower from anchor occupant, TD Canada Trust. The sublease is for 15 years, according to CoStar details.

David Moretti of Colliers International represented Workplace One in this deal, while John Morelli of Morguard represented the sublessor in settlements. By Nadia Mohamed

Leading Lobbying Company KP Public Affairs Moving to U.S. Bank Tower

KP Public Affairs has settled a deal that will see the largest lobbying firm in Sacramento move its workplaces from 1201 K St. to the United States Bank Tower at 621 Capitol Shopping mall.

A law firm that represents California’s leaders in business and innovation, KP signed a 10-year deal for 16,258 square feet on the 19th flooring of the 25-story, 366,821-square-foot office complex. The company is slated to take occupancy of its new space in the first quarter of 2018.

Tony Whittaker, Amy DeAngelis and Lisa Stanley of CBRE represented the property manager, while Greg Levi of JLL represented KP Public Affairs. By Steve Wells

Covenir Picks The Guaranty Bldg. in Downtown Worcester for New Workplace

Covenir, a Chicago-based company that supports insurance companies in numerous backroom functions,
signed a brand-new lease for 15,475 square feet in the Warranty Structure at 370 Main St. in downtown Worcester, MA.

The 12-story Guaranty Structure amounts to 193,932 square feet near I-290, the MBTA0Worcester & & union station and Amtrak-Worcester station in the Worcester Metro submarket. Covenir will move into the 5th flooring next quarter, joining such tenants as TD Bank and Fletcher Tilton PC in the building.

Donald Mancini, SIOR, CCIM, James Umphrey and Drew Higgins of Kelleher & & Sadowsky Associates represented the property owner. Arlon I. Brown, SIOR of SVN Parsons Commercial Group Boston represented Covenir. By Allison Quinn-Redding

Box office top 20: '' Kingsman ' crowned No. 1

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Courtesy Kingsman: The Golden Circle Associated Press Monday, Sept. 25, 2017|7:01 p.m. NEW YORK–“Kingsman: The Golden Circle”can be found in a little shy of expectations however still managed to move New Line’s horror struck” It” off the top spot at the North American ticket office. Fox’s spy funny sequel to 2015’s “Kingsman”debuted with $39 million

, inning accordance with last figures Monday. The movie cost $104 million to make, but improved little on the original’s$ 36 million opening 2 years ago. After two weeks atop package office, New Line’s”It “slid to 2nd with$

29.8 million in its 3rd weekend of release. Ticket sales were frustrating for Warner Bros.'”The Lego Ninjago Motion picture,”which opened with$20.4 million. The release was the 2nd” Lego Motion picture “spinoff of the year, following”The Lego Batman Film,”potentially harming the efficiency of” Ninjago. “The leading 20 movies at U.S. and Canadian theaters Friday through Sunday, followed by distribution studio, gross, variety of theater areas, typical invoices per area, total gross and number of weeks in release, as put together Monday by comScore. 1. “Kingsman: The Golden Circle,”20th Century Fox, $39,023,010, 4,003 areas,$9,748

average,$39,023,010, 1 Week. 2.”It, “Warner Bros., $29,757,494, 4,007 areas,$7,426 average,$ 266,096,375, 3 Weeks. 3.”The Lego Ninjago Motion picture,”Warner Bros.,$20,433,071, 4,047

locations,$5,049 average,$ 20,433,071, 1 Week. 4. “American Assassin,” Lionsgate

,$ 6,255,617, 3,154 areas,$1,983 average, $26,185,076, 2 Weeks.

5. “mother!” Paramount, $3,290,780, 2,368 places, $1,390 average, $13,459,798, 2 Weeks.

6. “House Again,” Open Road, $3,232,156, 2,685 areas, $1,204 average, $22,267,987, 3 Weeks.

7. “Friend Request,” Entertainment Studios Movement Pictures, $2,002,863, 2,573 areas, $778 average, $2,002,863, 1 Week.

8. “More powerful,” Lionsgate/Roadside Attractions, $1,611,899, 574 places, $2,808 average, $1,611,899, 1 Week.

9. “The Gunman’s Bodyguard,” Lionsgate, $1,608,722, 2,037 places, $790 average, $73,356,701, 6 Weeks.

10. “Wind River,” The Weinstein Company, $1,257,881, 1,431 locations, $879 average, $31,645,630, 8 Weeks.

11. “Spider-Man: Homecoming,” Sony, $1,063,712, 1,006 places, $1,057 average, $331,857,374, 12 Weeks.

12. “Leap!” The Weinstein Business, $959,668, 1,301 areas, $738 average, $20,262,222, 5 Weeks.

13. “Brad’s Status,” Annapurna Pictures, $953,193, 453 locations, $2,104 average, $1,066,530, 2 Weeks.

14. “Annabelle: Creation,” Warner Bros., $727,734, 682 places, $1,067 average, $101,104,430, 7 Weeks.

15. “Dunkirk,” Warner Bros., $582,713, 678 locations, $859 average, $186,292,020, 10 Weeks.

16. “Battle Of The Sexes,” Fox Searchlight, $515,450, 21 areas, $24,545 average, $515,450, 1 Week.

17. “Despicable Me 3,” Universal, $505,200, 539 areas, $937 average, $261,809,115, 13 Weeks.

18. “The Emoji Film,” Sony, $417,727, 573 places, $729 average, $84,568,848, 9 Weeks.

19. “Nikka Zaildar 2,” Grand Showbiz Media & & Home entertainment, $385,484, 42 places, $9,178 average, $385,484, 1 Week.

20. “Wonder Lady,” Warner Bros., $338,279, 355 areas, $953 average, $411,990,490, 17 Weeks.

Prize Residential or commercial property Financings by Office Investors Stoking Restored CMBS Activity

With Interest Rates Expected to Rise, Debtors Turning to CMBS to Lock in Financing Costs

Office owners have resparked the CMBS market by financing their property deals as Trinity/Norges did in acquiring 375 Hudson in NYC.
Office owners have resparked the CMBS market by funding their residential or commercial property deals as Trinity/Norges performed in obtaining 375 Hudson in NYC. Not just has the anticipated downturn in CMBS issuance this year cannot occur, however the CMBS market has actually seen a renewed flurry of activity. An overall of $9.9 billion in CMBS loans priced during August, bringing the year-to-date CMBS total to $52 billion, a 41% increase year-over-year, inning accordance with Kroll Bond Score Agency (KBRA).

The combined CMBS pricing volume for July and August ($ 17.6 billion), accounted for about a third of year to this day 2017 volume.

Much of the CMBS deal volume has been owned by single-borrower refinancings of trophy office homes and portfolios.

Single-borrower issuance year-to-date through August was $21.8 billion currently exceeding the 2016 quantity of $19.4 billion, according Larry Kay, senior director at KBRA.

” With one-month Libor more than doubling year-over-year (.52 bps to 1.23 bps) and up by practically 25% considering that May, borrowers looking in the rear view mirror may think that it is time to lock in rates using a single-borrower execution on big portfolio possessions,” Kay said of the current increase in offers.

” Based upon the forward pipeline, we may see approximately 7 channels and six-single borrower transactions launch in September,” he stated. “If these deals come to market by the end of the month, we could see the strongest third quarter (for CMBS issuance) given that 2014, when the overall reached $27 billion.”

Inning accordance with Morgan Stanley Research study, morew than 90% of the single-asset CMBS issuance this year has been used to re-finance existing loans, an increase over 67% observed last year. By property type, workplace and hotel have the biggest market share at 35% and 29%, respectively, compared with 25% and 26% for the full year in 2016.

Ten brand-new CMBS offers have actually been launched for September issuance in the last 30 days, consisting of five openly used channel deals from Citigroup, Credit Suisse, Deutsche Bank, and Wells Fargo.

Five private-label offers are also striking the marketplace, including three portfolio refinancings from JPMorgan Chase, and two single-asset offers one each from Deutsch Bank and Goldman Sachs.Office Property-Backed CMBS Triple Workplace residential or commercial properties are backing the bulk of the new CMBS deals. Workplace business mortgage-backed securities more than tripled in August to$ 3.9 billion. Workplace CMBS is on track year-to-date to go beyond 2016’s overall volume by about 30%, and may reach$ 27 billion by year-end. This would be the greatest total for the sector since 2007. Workplace residential or commercial properties have made up 41 %of 17 openly used CMBS deals this year, according to KBRA. That is far more than the second greatest total among residential or commercial property types with retail at 24%. September CMBS Offer Emphasizes Stonemont Portfolio Trust 2017 The Stonemont CMBS is a

two-year, interest-only$ 800 million mortgage backed by 94 residential or commercial properties and a leasehold interest in one residential or commercial property in a 20-state portfolio amounting to 6.8 million square feet. The portfolio includes 4.2 million square feet of office and 2.1 million of industrial/flex space; the rest is retail. Stonemont Financial Group of Atlanta used the loan, along with mezzanine loans amounting to$ 274.1 million, integrated with$ 181 million of preferred equity

and$ 72.5 countless sponsor equity to get the$ 1.3 billion portfolio from Oak Street Real Estate Capital. GS Home mortgage Securities Corp. Trust 2017-375H This CMBS is backed by$ 400 million funding for Trinity Wall Street’s share of the purchase of a 93-year leasehold interest in 375 Hudson St. in New York City from Tishman Speyer
. Trinity then sold minority stakes in the residential or commercial property to Norges Bank Realty Management and Hines. 375 Hudson consists of nearly 1.1 million square feet of rentable location consisting of 17 floorings of workplace and ground floor retail area. The office is totally leased and anchored by Saatchi & Saatchi, which inhabits more than 62 %of the area. 280 Park Opportunity 2017-280P The collateral for the securitization is a$ 1.1 billion non-recourse, first lien home loan for the refinancing of 280 Park Ave. in Manhattan The & loan has an initial two-year term with five, one-year extension

choices and requires interest-only payments throughout its term. Affiliates of SL Green Realty and Vornado Realty jointly serve as the loan sponsor.

Office Lease Up (August 21) Travel Leaders Group Inks 105,892-SF Lease at 1633 Broadway

Weekly Wrap-Up of Largest Reported Workplace Leases Include Offers by Bates White, WeWork, The Earnings Group, SAP and more

Travel Leaders Group has signed a lease to inhabit 105,892 square feet at 1633 Broadway in New york city City.

The biggest travel agency in the United States, Travel Leaders Group will occupy the entire 35th and 36th floorings on a 10-year deal slated to commence in Q1 2018.

The CBRE team of Patrice Meagher, Paul Amrich, Howard Fiddle, Emily Jones and Robert Hill brokered the lease on behalf of the property manager, Paramount Group. By Daniel Griffin

Bates White Most current to Sign On at Alexander Court Redevelopment

Bates White has
signed a multi-year offer for 84,325 square feet in the North structure at Rockrose Advancement and Spitzer Enterprises’ Alexander Court redevelopment in downtown Washington, D.C.

Located at 2000 L St., the 552,477-square-foot, 13-story office complex is being redeveloped in addition to 2001 K St. NW to form Alexander Court, a brand-new prize office development situated 2 blocks east of Washington Circle near D.C.’s West End.

Kevin Howard of CBRE worked out the lease on behalf of Bates White, while William Stern and Greg Tomasso of Avison Young represented ownership. By Sean Freeman

WeWork Picks One Glenwood Development for First Raleigh Area

WeWork will open its very first area in Raleigh and its 2nd in the Carolinas after the shared workplace company
signed a lease for 81,032 square feet at Heritage Properties’ suggested One Glenwood project in west Raleigh.

The New York City-based business will occupy floors 3 through 5 of the $86 million project, which is set up to break ground later on this month at the corner of Glenwood Ave. and Hillsborough St. and provide in Q4 2018.

William Allen and Alex Dunn of Trinity Partners represented Heritage Characteristic in settlements, while Jason High and John Daly of CBRE brokered the deal doe WeWork. By Brian Hobson

The Income Group Leases 69,223 SF in Midtown Cleveland

The Income Group, a balance dues management business,
signed a lease for 69,223 square feet in the office building at 3711 Chester Ave. in Cleveland, OH.

The two-story building overalls 100,395 square feet in Midtown. The property’s previous owner, Dealership Tire, vacated the residential or commercial property in early 2017.

The property’s present owner, IRG Real estate Advisers (IRG RA), brokered the offer in-house. By Michele Turner

SAP Leases 43,800 SF in Hines/Cousins’ 8000 Avalon Workplace Tower

SAP, a leading provider of enterprise software,
signed a 10-year lease to take around 43,800 square feet at 8000 Avalon in North Atlanta.

Houston-based Hines and Atlanta-based realty financial investment trust Cousins Residence (NYSE: CUZ) co-developed the 228,182-square-foot, nine-story office midrise as part of The Avalon mixed-use advancement. SAP’s lease beings 8000 Avalon to 93% leased.

Gregg Metcalf, Tim McCarthy and Ryan Fetz of JLL represented SAP in lease settlements. By Brittany Thomas

Homrich Berg Picks Three Alliance Center for Corporate Headquarters

Homrich Berg has
finalized an offer that will see the wealth management company move its headquarters to 26,126 square feet at the brand name new Three Alliance Center tower in Upper Buckhead.

For the last 25 years, Homrich Berg had actually preserved its head office at neighboring One Buckhead Plaza. The new location will keep the firm on the Georgia 400 passage and continue to supply MARTA rail access while providing expanded space to accommodate business development.

Chis Ahrenkiel worked out the Homrich Berg lease in-house on behalf of 3 Alliance Center owner, Tishman Speyer. By Bryce Meyers

Storm8 Subleases 24,192 SF in Bayshore Tech Park

Mobile social video game designer Storm8 has
subleased 24,192 square feet at 2400 Bridge Pky. in Redwood City, CA.

The 48,384-square-foot, two-story office building lies southeast of San Francisco within the Bayshore Innovation Park in the Foster City/Redwood Shores submarket.

Jay Sternberg and Paul McManus of Colliers International represented Storm8, while Luke Wilson and Grant Zamudio, also of Colliers International, represented the sublessor. By Eric Kies

Mercury Insurance coverage Inks Offer at NW San Antonio Residential or commercial property

Mercury Insurance (NYSE:
MCY), a multiple-line insurance organization locateded in Los Angeles, reached a deal to rent 22,317 square feet of office space at 4500 Lockhill-Selma Rd. in San Antonio, TX.

The 107,726-square-foot, two-story building was finished in 2006 just southeast of the I-10/ N. Loop 1604 West interchange in the Northwest submarket.

David Held and Albert McNeel of Endura Advisory Group handled lease negotiations on behalf of the owner, Southwest Organisation Corp. Gary Goodgame of Corporate Realty Associates represented Mercury Insurance. By Andrea Lawson

Nelson & & Kennard Leases 21,507 SF in McClellan Park

Nelson & & Kennard, a law office focusing on debt collection, has
signed a five-year lease for 21,507 square feet in the office complex at 5011-G Dudley Blvd. in McClellan, CA.

Nelson & & Kennard is slated to move into the 159,285-square-foot, single-story building in January 2018 after the property is developed out into 100% office space.

John Knauer of McClellan Park, LLC represented the property manager in-house. By Lyssa Woo

Morgan Stanley Consents to Lease Renewal at Drake Pointe

New york city City-based worldwide monetary services firm Morgan Stanley (NYSE:
MS) has renewed its 17,244-square-foot lease at 35055 W. 12 Mile Rd. in Farmington Hills, MI. Called Drake Pointe, the two-story, 68,100-square-foot office building was constructed in 1984

in the Farmington/Farm Hills submarket and last refurbished in 1996. According to CoStar details, Morgan Stanley has maintained a workplace in the building given that 1997. Representatives with JLL represented Morgan Stanley in the deal while building owner Promanas Group was represented in-house. By Delphine Thomas UMB Bank Indications Deal at 777 Main for Flagship Office UMB Bank has signed a 10-year lease at 777 Main in downtown Fort Worth, TX where the company will develop a new flagship office. A varied financial holding company and subsidiary of Kansas City-based UMB Financial Corp (NYSE: UMBF), UMB Bank will occupy 19,000 square feet on the 5th flooring presently inhabited by Frost Bank. The deal consists of 12,000 square feet of office and a 7,000-square-foot lobby, in addition to outside signage. Mike Gosslee and Jay Holland of Cushman & Wakefield represented the renter. It appears that the property manager was self-represented. By LaShawnda Sharp Verizon to Open New Office in Guv’s Hill Transnational communications huge Verizon (NYSE: VZ )has signed a lease for 14,352 square feet in the office complex at 8800 Governor’s Hill Rd. in Cincinnati, OH. The two-story structure totaling 28,704 square feet was built in 1984 about 20 miles northeast of Cincinnati in the Guv’s Hill office park. John Eckert and Scott Yards of CBRE represented the property owner in settlements. By Jessy Gendelman College Football Playoff Extends HQ Lease Through 2024 The College Football Playoff( CFP) has< a href=" http://www.costar.com/News/Article/College-Football-Playoff-Extends-HQ-Lease-Through-2024/193363

” target =” _ blank “> negotiated a long-term deal with
Gemini Rosemont Commercial Property to maintain its corporate workplaces at The Top at Las Colinas in Irving, TX. CFP, the company that picks the matchups for Division I college football’s BCS
bowl games, has actually been locateded at 545 E. John Carpenter Fwy. given that 2013. With the renewal, CFP will stay in its 10,228-square-foot offices through 2024

. Kirby White of Rosemont Realty represented Gemini Rosemont in settlements, while Peery Wood of CBRE represented CFP. By Fran Koerner