Tag Archives: signs

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

Patty Jenkins officially signs on to direct '' Wonder Lady 2 '.

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Chris Pizzello/ Invision/ AP In this June 8, 2017 file picture, director Patty Jenkins presents at the 45th AFI Life Achievement Award Homage to Keaton at the Dolby Theatre in Los Angeles. Jenkins has actually officially signed on to direct the sequel to “Wonder Lady,” a Warner Bros. representative validated Monday.

Monday, Sept. 11, 2017|5:15 p.m.

LOS ANGELES– Patty Jenkins has formally signed on to direct the sequel to “Wonder Lady.”

A Warner Bros. representative verified Jenkins’ return on Monday after Variety initially reported the news.

Jenkins was extensively expected to return for the follow up after “Wonder Female” ended up being both an important success and a worldwide hit at the box workplace making over $816 million around the world this summer. Settlements took months to finalize a deal for Jenkins’ return.

The Hollywood Reporter composes that her deal, which is reported to be in the $7 to $9 million variety, makes Jenkins the highest-paid female filmmaker in history. The studio declined comment on Jenkins’ pay.

Star Gal Gadot will likewise reprise her role as the Amazonian warrior in the sequel, which is scheduled to strike theaters in Dec. 2019.

Conor McGregor signs up for Wynn Night life hosting residency

MMA champ Conor McGregor will add professional fighter to his resumé when he takes on Floyd Mayweather August 26 at T-Mobile Arena, but he’s already diversified his curriculum vitae; he also should be described as a party host.

McGregor has actually published up at Wynn Night life places for post-fight parties in the past and now he’s working together for a long-lasting deal. Wynn announced McGregor has inked an unique two-year resident agreement to host four post-fight parties at XS Bar and Encore Beach Club (both at Encore) through 2019. “The Infamous” will start the offer at EBC (and Surrender) for a night pool party following the Mayweather match on Saturday, August 26. Tickets for the event are on sale now at ticketfly.

Office Lease Up (July 10) Dealertrack Signs 233,000-SF Complete Bldg Workplace Lease in New Hyde Park

Wrap-Up of Largest Reported Workplace Leases Include Offers by Aetna, Sonus, Starr Cos., Briggs & & Veselka Co. and more

Dealertrack, an automobile option software service provider to the retail market, has signed a 17-year, full-building workplace lease for 233,000 square feet at 3400 New Hyde Park Rd. in New Hyde Park, NY.

The new four-story structure provided this month on 8.4 acres in the Western Nassau County submarket, simply off the Long Island Expressway. Tritec Realty Company acted as building supervisor for the job, while X-Cell Real estate Associates owns the property.

Dealertrack’s employee base continues to broaden, requiring the large lease, three years in the works, which will see the firm’s establishment of a brand-new headquarters and creation of hundreds of jobs in the state of New York. The affiliate of Cox Automotive develops software solutions for the vehicle retail market, supporting open choice with a concentrate on changing the way lorries are purchased and offered for consumers, car dealerships, manufacturers and lenders.

X-Cell Realty is a Nassau-based property company, and handled lease settlements internal. By Konrad Miles

Aetna Makes Good on Strategies to Pull HQ From Connecticut

Following through on its plans to pull out of Connecticut, Aetna, Inc. will
< a href=" http://www.costar.com/News/Article/Aetna-Makes-Good-on-Plans-to-Pull-HQ-Out-of-Connecticut/192210" target=" _ blank” > move its corporate headquarters from its long time Hartford area to

Manhattan by late 2018. The insurance coverage company will transfer 250 head offices jobs to a brand-new building at 61 Ninth Ave. in Manhattan’s Meatpacking District. It agreed to inhabit 145,000 square feet in the 167,170-square-foot office building slated for 2018 shipment by Aurora Capital Partner and Vornado Realty Trust (NYSE: VNO). Regards to Aetna’s lease were not right away available.

Just a month earlier, Aetna confirmed that the managed-care provider was deep in speak with move business operations from Hartford, where its roots go back 200 years. Boston and New york city City were said to be the front-runners, and on Thursday the company announced the decision to relocate to the Huge Apple.

Empire State Development used Aetna $24 million in performance-based tax credits over Ten Years to motivate the moving. Aetna will include 250 senior positions and invest $84 million to fit out and equip its brand-new headquarters structure, according to New york city Gov. Andrew M. Cuomo. By Randyl Drummer

Sonus Networks Extends Complete Occupancy HQ Lease in Westford Innovation Park

Sonus Networks has extended its complete tenancy lease within the Westford Technology Park in Westford, MA where the business keeps its home office. The interactions equipment provider has totally occupied the two-story building, 97,500-square-foot building at 4 Technology Park Dr. since 2010. The company’s 10-year extension will commence on September 1, 2018 and is set up to go through August 2028.

4 Technology Park Dr. was built in 1987 and includes office and lab space. It is positioned just off -495 roughly 30 miles northwest of downtown Boston. Sonus’ lease consists of two five-year alternatives. By Tammy Mathieu

Starr Business Leases 97,000 SF in CitiBank Structure

Starr Companies
signed a 97,303-square-foot lease in the CitiBank Structure at 399 Park Ave. in New york city City

. The global insurance and investments company will take occupancy of the second, 8th and ninth floorings under a 10-year lease that starts in September 2018.

Arkady Smolyansky, Evan Fiddle, Gregg Rothkin, Caroline Merck and Peter Turchin represented the proprietor, Boston Residence, Inc., in lease settlements with the tenant. By Daniel Griffin

Briggs & & Veselka Co. Renews Lease, Broadens HQ Footprint at Nine Greenway Plaza

Briggs & & Veselka Co. is stretching its legs in Houston after the independent accounting company accepted a long-term
< a href= "http://www.costar.com/News/Article/Briggs-Veselka-Co-Renews-Lease-Expands-HQ-Footprint-at-Nine-Greenway-Plaza/192135" target= “_ blank” > renewal and expansion of its business office space at Nine Greenway Plaza

to 72,585 square & feet. Home to Briggs & Veselka given that 2011, the 31-story 9 Greenway Plaza is one of 10 structures that comprise Greenway Plaza, a 10-property, master-planned suburban development that extends across a 60-acre tract roughly 5 miles southwest of downtown Houston.

Jon Lee of CBRE represented Briggs and Veselka Co. in negotiations, while J.P. Hutcheson and Rachel Williams of Parkway Realty Solutions represented ownership. By James Saris

Bank of America Leases 65,000 SF in Downtown Nashville

Bank of America and subsidiaries Merrill Lynch and U.S. Trust will < a href =" http://www.costar.com/News/Article/Bank-of-America-Leases-65000-SF-in-Downtown-Nashville/192286" target=" _ blank" > occupy 65,173 square feet on the top 3 floors of the 222 office building located at 222 2nd Ave. S

in Nashville, TN. This lease increases the occupancy of the building to about 60 percent capacity with CBRE Group in negotiations to potentially move in also with their existing lease in downtown Nashville ending next year.

Trent Acuff with Hines represented the landlord in-house. By Ryan Sompayrac

Hodges-Mace Reaches Offer to Shift Head office to Lakeside Workplace Park in Atlanta

Hodges-Mace has signed a lease for almost 60,000 square feet within the Lakeside Office Park at 5775 Glenridge Dr. NE in Atlanta for the company’s new corporate headquarters.

The service provider of advantage management software and services expects to move its head workplaces in January to 59,439 square feet throughout three floors at Building E, a just recently renovated 106,314-square-foot, five-story structure finished in 1973 and anchored by Going to Nurse Health System.

Bo Keatley, David Rubenstein and John Flack of Savills Studley represented Hodges-Mace in settlements. Sabrina Gibson, Eric Ross and Clark Gore of CBRE brokered the lease on behalf of structure owner, Crocker Partners. By Emily Kukwa

Yardi Systems Transferring Dallas Office to Irving’s Freeport Business Center

Yardi Systems will move its Dallas office to the Freeport Company Center after the Santa Barbara, CA-based software application service provider for the real estate financial investment management and property management market
signed a nine-year lease for 55,000 square feet on the 3rd floor at 8616 Freeport Pkwy.

Freeport Company Center I is a three-story, 160,314-square-foot workplace residential or commercial property completed in 1999 minutes northeast of DFW International Airport in the DFW Freeport/Coppell submarket. Yardi Systems will move from its current area at 14785 Preston Rd. in Dallas to its new workplaces in mid-September.

Mike Kay of CBRE represented Yardi Systems. John Fancher and Rodney Helm of Cushman & & Wakefield of Texas represented the landlord, UBS Realty. By Michael Nowakowski

Taxaudit.com Signs Offer to Anchor Folsom Workplace Bldg.

. Taxaudit.com, the public brand of Citrus Heights, CA-based TaxResources, has
signed a lease to inhabit 54,732 square feet at 600 Coolidge Dr.

in Folsom, CA. The 81,208-square-foot, three-story 600 Coolidge Dr. building was built in 1999 as part of stage 2 of the Parkshore Plaza situated within 2 miles of US-50 and minutes southwest of the Folsom Central Shopping mall.

Jason Goff, Bryan Huarte, Clyde Rawlings and Micki Strain of JLL represented the landlord, Nella Oil Co., in negotiations. By Tomalina Pacheco

WeWork Continues San Francisco Growth

Shared office provider WeWork has
reached a deal with Denver, CO-based Dividend Capital Diversified Property Fund Inc., a public reporting, NAV REIT (NASDAQ: ZDPFAX; ZDPFEX; ZDPFIX; ZDPFWK), to open a 51,859-square-foot place at 655 Montgomery St. in downtown San Francisco’s Financial District.

New York City-based WeWork will inhabit floorings 5-7 of the 27-story, 268,849-square-foot property. The place will mark WeWork’s tenth in the city of San Francisco and twelfth in the Bay Location.

Mark Geisreiter, Kenneth Churich and Alexis Walsh of CBRE represented Dividend Capital, while WeWork was represented by Karl Hansen of CBRE. By David Whitmore

FM Global Pertaining to SmartREIT, Mitchell Goldhar’s KPMG Tower in Vaughan

FM Global, an almost 200-year-old shared insurer locateded in Rhode Island, has
finalized a 13-year lease with Smart Property Financial investment Trust (TSX: SRU.UN) and Mitchell Goldhar to inhabit roughly 48,000 square feet at the venture’s recently completed KPMG Tower in Vaughan, Ontario.

FM Global will join such renters as KPMG, Miller Thomson, Harley Davidson, GFL, TD Bank, BMO Wealth Management, PwC, the YMCA, and Vaughan Libraries at SmartCentres Place, a 100-acre, 17 million-square-foot master prepared development within the VMC that presently consists of the KPMG Tower and will soon include the 220,000-square-foot PWC tower.

Ken Karulas, Michael Hagerty, Eric Shaw and Garret Noiles from Cushman & & Wakefield worked as double representatives in the FM International deal, that includes two five-year extension options. By Nadia Mohamed

Global Engineering Company Moving Chicago Operations to Willis Tower in 47,000-SF Offer

It’s been a hectic month at the Willis Tower following news ESD, a worldwide consulting-engineering firm,
signed a lease to move its Chicago operations to 46,884 square feet across one-and-a-half floors at the 110-story, 3.9 million-square-foot landmark high-rise situated at 233 S. Wacker Dr. in Chicago’s West Loop.

The business will transfer approximately 250 staff members to the 53rd and half of the 54th floor in June 2018, signing up with such tenants as Dentons, Korn Ferryboat, United Airlines, Oracle, Schiff Hardin LLP and Convene.

Pleasure Jordan, Jamey Dix and Maggie Brophy of the Telos Group managed settlements on behalf of Equity Office, while Steve Stratton and Jeffrey Liljeberg of JLL, in cooperation with Gregg Witt of CBRE, represented ESD. By Rita Iseghohi

LA DOH Preleases 40,000 SF in Lincoln Medical Bldg.

. The County of Los Angeles’ Department of Health
signed a 10-year workplace lease for 39,900 square feet in the proposed medical office complex at 3331 N. Broadway in Los Angeles, CA. The three-story Lincoln Medical Building will amount to roughly 47,830 square feet. The leading two floorings will be medical workplace and the very first floor will be retail. The Department of Health will occupy the whole leading two floorings and plan on relocating at the beginning of 2019.

Steve Marcussen with Cushman & & Wakefield in Los Angeles in addition to Ron Heim of Cushman & & Wakefield’s Ontario workplace represented the property owner, Oppidan LLC, which will break ground on the job this month. By Kate Retzinger

FiscalNote Leases 38,411 SF in D.C.’s Heurich Structure.

FiscalNote, an information analytics company,
signed a 10-year deal for 38,411 square feet in the Heurich Structure at 1201 Pennsylvania Ave. NW in Washington, D.C.

. The 13-story structure totals 452,661 square feet of Class An office space. FiscalNote’s lease includes the entire 6th flooring. Other occupants in the structure consist of the Hudson Institute and Association of Test Publishers.

Bobby Blair of JLL represented the renter. Doug Mueller and Evan Behr, likewise of JLL, represented the owner. By Sean Freeman

Nulogy Leases 32,000 SF at Global Home Bldg. in Toronto.

Nulogy, a Toronto-based worldwide software company that deals with the supply chain industry,
signed a 10-year offer for 32,332 square feet in the Global House structure located at 480 University Ave. in Toronto, ON.

The 18-storey building overalls 260,247 square feet of workplace in Toronto’s downtown core along University Ave. and Dundas Street West. It was constructed in 1967 and is presently owned by Amexon Characteristics.

Sean Hoehn of Cresa Toronto represented Nulogy in this deal. Amexon Home Management used in-house representation provided by Joseph Azouri. By Kevin Laton

Insurance and Threat Management Firm Inks 10-Year Deal at Riverside Plaza.

Arthur J. Gallagher & & Co., an international insurance brokerage and risk management services firm headquartered in Rolling Meadows, IL,
signed a 10-year lease for 30,636 square feet within Riverside Plaza in Chicago’s West Loop.

The 23-story workplace complex totals 1,048,357 square feet one block south of Union Station at 300 S. Riverside Plaza. Other tenants in the building include Evolent Health, Newark Corp. and Zurich American Insurance coverage Co.

. Matthew Pistorio and Joy Jordan of The Telos Group dealt with lease negotiations on behalf of the property manager, a joint venture consisted of Mizrachi Group and David Werner Real Estate. By Enid Guerrero

Select Comfort Selects to Exercise Growth Alternative at AMEX Minneapolis Bldg.

. Select Convenience Corporation, developer of the Sleep Number ® bed, has
worked out an expansion alternative on its 211,000-square-foot office lease at the AMEX Minneapolis office building located at 1001 S. 3rd Ave. in Minneapolis, MN, growing to a total of 238,000 square feet.

Emily Nicoll and John Ferlitta with CBRE represented Select Convenience < a href=" http://www.costar.com/News/Article/Select-Comfort-Leases-211000-SF-at-AMEX-Minneapolis/186443"target= “_ blank “> in its preliminary lease, dated October 21, 2016. The tenant remains in the process of moving its headquarters from rural Plymouth, MN to its new downtown facility, which is expected to house more than 900 workers, a call center, research study and advancement lab and executive workplace area when the business takes tenancy this fall. By Justin Sumner

Levine Leichtman Capital Ptnrs Leases 24,000 SF in Beverly Hills.

Levine Leichtman Capital Partners signed a 10-year lease for 24,124 square feet in the office complex at 335-345 N. Maple Dr. in Beverly Hills, CA.

Scott Menkus of Cushman & & Wakefield represented Levine Leichtman Capital Partners. John Ollen and Patrick Nally with Tishman Speyer represented the property owner in-house. By Octavia McDuffie

BMG Preleases 24,000 SF on Music Row.

BMG, a world-famous music label, has
pre-leased 23,740 square feet at the proposed One Music Circle South office complex set to increase at 1 Music Cir. S in Nashville, TN.

The 106,480-square-foot office building is scheduled to begin in January 2018 with a delivery date in early 2019. One Music Circle South is located simply off Music Row, within walking range to Nashville night life.

Janet Sterchi, Doug Ryan and Nikko Sansone of Colliers International represented the property manager. Crews Johnson of Cushman & & Wakefield represented the tenant. By Calvin Peterson

Ganfer Shore Restores 22,000-SF Area at 360 Lex.

Ganfer & & Shore LLP, a law practice concentrating on securities, industrial and real estate law,
signed a six-year renewal for 22,142 square feet in the office building at 360 Lexington Ave. in New York, NY.

David Hoffman, Robert Billingsley and Whitnee Williams of Cushman & & Wakefield represented the occupant. Mark Weiss, likewise with Cushman & & Wakefield, represented the proprietor, AEW Capital Management. By Daniel Hausman

Troutman Sanders Leases 17,000 SF at Midtown Plaza in Raleigh.

Troutman Sanders has

reached a seven-year offer Atlanta-based Troutman Sanders has run its Raleigh office from the BB&T/ 2 Hanover Square building on Fayetteville St. for the last years. With the brand-new lease, the company will shift its location workplaces to the 12th floor of the Midtown office complex with a move-in date scheduled for early January 2018.

Hooker Manning and Alex Mikels of Kane Realty Group represented the proprietor in-house settlements. By Gabrielle Connelly

Arup Reaches 16,000-SF Handle Downtown Oakland’s Town hall.

Arup, an independent company of designers, coordinators, engineers, consultants and technical experts established in 1946, has of
signed a lease to occupy the 13th floor of 1330 Broadway in downtown Oakland. The ten-year, 16,034-square-foot deal represents an expansion for the business.

The lease comes on the heels of a six-year deal signed by Redwood Shores, CA-based computer innovation corporation Oracle (NYSE: ORCL), which will inhabit 16,000 square feet throughout the 17th flooring.

John Dolby and Greg Fogg of Cushman & & Wakefield represented Arup in the lease settlements, while TMG was represented by Dane Hooks of Cushman & & Wakefield. By David Whitmore

'' Dark years of solar' ' behind us? Sandoval signs costs to resurrect solar industry

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File photo/ Associated Press Installers from California Green Design set up solar electrical panels on the roofing system of a house in Glendale, Calif. Nevada is resetting energy credits that officials say will make solar panels a more economical option for property owners and make the state a leader in tidy energy production.

Sandoval signs 3 cannabis costs into law, vetoes one

Rascal Flatts signs on for extended engagement at the Venetian

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Glenn Pinkerton/Las Vegas News Bureau

(left to right) Jay DeMarcus, Gary LeVox and Joe Don Rooney, likewise referred to as Rascal Flatts and nominee for Vocal Group of the Year walk the Academy of Country Music Awards red carpet at T-Mobile Arena. Sunday, April 2, 2017.

Monday, May 22, 2017|5:35 a.m.

. The super star nation trio of Gary LeVox, Jay DeMarcus and Joe Don Rooney– Rascal Flatts– is returning to Las Vegas for its third run in recent years, this time playing eight programs in October at the Venetian Theatre.

“Vegas simply keeps pulling us back in,” stated LeVox in this early morning’s statement. “Our previous two residencies were such a fantastic experience and chance to get in touch with our fans on a more intimate level. I think moving over to The Venetian will provide a totally different setting and fan experience that we’re truly thrilled about!”

In 2015 and 2016, Rascal Flatts performed comparable special engagements at the Joint at the Hard Rock Hotel. Compared with that location’s 4,000 capability, the intimate and luxurious environments of the 1,800-seat Venetian Theatre are anticipated to supply a various concert-going experience. The Venetian likewise recently revealed a six show run in September starring global pop-classical singing group Il Divo.

Rascal Flatts– A Night to Shine will run October 6, 7, 11, 13, 14, 18, 20 and 21. Tickets begin at $49 and go on sale June 2 at Ticketmaster.

Nest Capital Signs up with Growing Rank of Single-Family Rental Bond Issuers

Nest American Financing, the arm of Colony Capital that makes business loans to investors of tenant-occupied single-family leasing (SFR) buildings, hit 2 turning points this previous week. It surpassed $1 billion in loan originations and started marketing its very first multi-borrower SFR mortgage-backed deal.

Beth O’Brien, CEO of Nest American Finance, said that the company was able to reach this lending milestone in less than 2 years, reveals the demand for acquisition capital and long-lasting financing among financiers in single household houses.

Colony American Finance stated it has actually issued loans to more than 500 investors in 36 states, consisting of California, Georgia, Ohio and Texas. The Los Angeles-based company focuses on loans to smaller-scale financiers in the market, with an average loan size of a little more than $2 million.Colony American

to Be Third Multi-Borrower SFR Issuer Colony American Finance

has likewise end up being the third loan provider to release a multi-borrower SFR mortgage-backed offer. The marketplace has actually been awaiting these”next generation” SFR offers, which might represent the future of the SFR market, analysts at Morgan Stanley Research study indicated.”Regardless of the current decrease in issuance, there is still a lot of discussion about the sector, specifically from standard RMBS investors as they explore the possession class as a potentially practical future financial investment alternative,”kept in mind Richard Hill, James Egan, Jeen Ng, analysts with Morgan Stanley Research. The Morgan Stanley experts stated they expect a more active new concern calendar for the remainder

of the year, especially for multi-borrower deals. In certain, they said traders remain to await the next generation of deals that will be protected by 3,000 loans backed by 3,000 buildings, as opposed to one loan backed by 3,000 homes. “In our view, these kinds of securitizations represent the future of the SFR market considered that smaller sized investors own near 15 million homes,

“the experts noted in new report last week. For the year, SFR bond-backed deals issuance is now approximately 11 offers, totaling simply shy of $6 billion and on rate to surpass last year’s total of$6.7 billion. Nest American Financing 2015-1 is $252 million multi-borrower SFR securitization collateralized by 69 fixed-rate loans secured by very first concern home mortgages on 4,140 rental units in 3,488 income-producing single-family, 2-4 household, and multifamily properties, Kroll Bond Rating Company noted in presale report The homes have a total value of$403.5 million, Morningstar noted in its presale report. Nest American Financing has actually come from all the loans, and the properties have a typical regular monthly rental payment of around $971, Morningstar stated

Universal signs handle China to open Beijing theme park

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Jae C. Hong/ AP

Universal Studios in Universal City, Calif., on Thursday, Dec. 3, 2009, near Los Angeles.

Tuesday, Sept. 15, 2015|12:10 a.m.

BEIJING– Universal Studios has actually signed a deal with a Chinese state-owned consortium to develop a Hollywood amusement park in Beijing to open in 2019, state media reported Tuesday.

A signing ceremony for the joint venture took place Sunday at the New york city headquarters of Comcast NBCUniversal, which possesses Universal Studios Hollywood.

Universal Parks & & Resorts, a Comcast device, is partnering with Beijing Shouhuan Cultural Tourism Investment Co. Ltd., a consortium of 4 state-owned companies, to purchase and operate the task.

China’s Cabinet and nationwide financial planning firm authorized the amusement park task– 13 years in the making– in September in 2013.

It will certainly be Universal’s third theme park in Asia, after Singapore and Osaka, Japan. The park, a home entertainment complex and the first-ever Universal-branded hotel will certainly inhabit a 120-hectare (300-acre) site in Tongzhou district in Beijing’s east. A second phase would involve another theme park, a water park and an additional five resort hotels, according to state media. Universal has stated the resort will eventually encompass 400 hectares (1,000 acres).

Financial investment in the job is supposedly more than 50 billion yuan ($8 billion), including the expansion of a train line.

As U.S. and European theme park see flattening or decreasing attendance, home entertainment companies are betting on China to drive growth.

The Walt Disney Co. is building a $5.5 billion amusement park resort consisting of hotels and a theater in Shanghai, expected to open in spring 2016.

In 2017, Dreamworks Animation SKG Inc. and Chinese partners are anticipated to complete a $2.4 billion home entertainment complex in Shanghai, including bars, dining establishments and efficiency places. It will certainly also showcase a “Dream Opportunity” theater district designed on London’s West End and New york city City’s Broadway.

State media stated an event to mark the signing of the joint venture contract in between Universal and Shouhuan was attended by Brian L. Roberts, chairman and CEO of Comcast Corp. and Shouhuan’s basic supervisor, Yu Xuezhong, among others.

NBCUniversal didn’t immediately respond to requests for comment.