Corporate Real Estate

construction industry

Lord-Lieutenant of Bedfordshire Opens ACO Technologies Site Redevelopment

ACO Technologies has inaugurated the first phase of a £13 million redevelopment of its manufacturing site in Shefford. The site expansion was officially opened by Susan Lousada, His Majesty’s Lord-Lieutenant of Bedfordshire, Lord Deben, Chairman of the UK’s Independent Committee on Climate Change, and renowned architect Michael Pawlyn Habitat-first development sees former farmland transformed into…

News

Local Investor Acquires Orange County Office Campus

Cushman & Wakefield has brokered the sale of a 405,130 SF Office Campus on around 34 acres of land in Fullerton, California. Situated at 1801 Hughes Drive, the North Orange County property is fully leased to Raytheon, an investment grade credit tenant. The property sold to a local family investor for US $76.5 million or…

Germany

Sulzer Chemtech to Open European Service Centre in Essen

Sulzer Chemtech is investing in a new service hub for mass transfer components and tower field services in the Econova industrial park in Essen, Germany. The new facility will provide customers with additional localised manufacturing and engineering capabilities. This will enhance the ability for quick delivery of mass transfer components through an express dispatch service.…

News

Whitepaper: Tenant Preferences in the UK Office Market

New research reveals that companies in the United Kingdom are open to paying higher rents for sustainable corporate office spaces as hybrid working gains prominence. The findings are part of the latest whitepaper from CIM, a property analytics software firm, titled “Tenant Preferences in the UK Office Market.” The survey, which involved 200 UK directors…

News

Ferguson Enterprises Leases 135,000 SF at EverWest’s 25 North in Thornton, Colorado

Cushman & Wakefield has brokered a longterm lease for a 135,000 square foot building at 25 North, a 70-acre masterplanned industrial development in Thornton, Colorado. The new tenant for the second phase of the project which is under construction is Ferguson Enterprises, a company that sells quality plumbing supplies, HVAC products, and building supplies. Ferguson’s…

News

Shartsis Friese to Relocate to 425 Market Street

Prominent San Francisco law firm Shartsis Friese LLP has leased 26,000 square feet of office space at 425 Market Street, a LEED Platinum-certified skyscraper building within the city’s South Financial District in a deal brokered by Cushman & Wakefield and JLL. Founded in 1975, the litigation practice which attracts a global clientele from the hedge…

News

Sony Pictures Leases Multi-floor Office in Miracle Mile Los Angeles

Onni Group’s Wilshire Courtyard office campus in Los Angeles has signed a multi-floor lease totaling 225,239 square feet with Sony Pictures Entertainment (Sony Pictures). Wilshire Courtyard is a two-building Class A campus situated in the heart of Miracle Mile, the cultural epicenter of Los Angeles, and home to the Los Angeles County Museum of Art…

News

Speculative Arizona Logistics Center Development Signs Tenant

Cushman & Wakefield has brokered a full-building lease totaling 1,156,860 square feet with Logistics Plus, Inc. (LP) at Sarival Logistics Center, a new industrial development in Glendale, Arizona. The building was constructed on a speculative basis and represents the first phase of a larger development which can accommodate over 2 million square feet of industrial…

Germany

Savills IM Acquires Berlin Commercial Building for Versicherungskammer

Savills Investment Management (Savills IM) has advised on the acquisition of a newly constructed office and commercial building at Kurfürstendamm 12 in Berlin for Versicherungskammer. The seller is the RFR-Group, which acquired the asset in 2021. The prestigious new building in Berlin’s premium location comprises more than 6,500 sqm of rental space across six floors…

Education

Supporting University Estate Directors with Decarbonisation

SSE Energy Solutions has partnered with The Association of University Directors of Estates (AUDE) in the United Kingdom to inform Universities on the best practices to go green and decarbonise. Energy professionals from SSE have provided certified Continuing Professional Development training across university campuses, on the topic of decarbonisation. The sessions, led by subject matter…

design

AMP&RSAND Signs Achitectural Firm as Tenant for San Diego Campus Redevelopment

AMP&RSAND has signed a lease with Harley Ellis Devereaux Corp (HED) at its creative office redevelopment on the site of the former San Diego Union-Tribune Publishing Company campus in San Diego’s Mission Valley area in a deal brokered by Cushman & Wakefield. The national architecture design, engineering, and planning firm is leasing 10,549 square feet…

News

Rakuten Americas Extends Salt Lake Union Park Center Lease

Investment manager Stanton Road Capital, LLC, has executed a five-year lease renewal with Rakuten Americas for a full floor and a half of the Union Park Center III in Cottonwood Heights, Utah. Union Park Center is a premier Class A office complex located approximately 12 miles southeast of Salt Lake City. Rakuten’s offices are located…

News

Regent Properties Sells Three Class A Assets in San Diego for US $131M

Cushman & Wakefield has represented Regent Properties in the disposal of three Class A assets in Carlsbad (San Diego), California for a combined price of US $130.75 million. The North San Diego County portfolio consists of ATLAS, a 230,957-square-foot office/R&D campus along with two single-tenant creative corporate headquarters facilities totaling 114,835 sf. ATLAS, which completed…

FM Magazine

How Strategic Properly Planning Can Help Charities

Jonathan Rhodes, partner and national head of valuation at global property consultancy Cluttons, discusses the long term benefits for beneficiaries of charitable organisations of strategic real estate planning. The time you serve on a charity’s board of trustees or senior management team is limited relative to how long the charity has already been in existence…

Net Zero

Time-honoured Traditions Meet Green Tech in Rural Washington State

Boutique distillery Woodinville Whiskey has completed a state-of-the art processing facility in rural Quincy, Washington, which marries the age-old process of producing whiskey with green technology from Kebony, a global leader in sustainable wood.  Designed by Seattle-based Graham Baba Architects, the completed warehouses are part of what will eventually be six, 25,000 square-foot structures, spread…

defence

Record Year of Investment for UK Defence Training Estate

Landmarc Support Services and the United Kingdom’s Defence Infrastructure Organisation (DIO) have reported record levels of investment on programme deliver on the Defence Training Estate (DTE) for a second consecutive year.  After financial year 2020/2021 had already been Landmarc and the DTE’s busiest year to date, last year continued to see a huge investment in…

News

UK’s Only Sewing Franchise Upsizes Premises and Retail Space

Sew Confident, the UK’s only sewing tuition franchise, is celebrating 10 years in business as they expand into a brand new studio and retail space four times the size of their previous site.  The 360 sq feet site on Great Western Road, Glasgow, will double the amount of classes on offer at the franchise headquarters,…

Construction

Harris Health System Begins US $16 Million Makeover of Casa de Amigos Health Center

Harris Health System will soon begin a $16 million renovation and expansion project to transform Harris Health Casa de Amigos Health Center into a ‘healthcare beacon’ in Houston’s historic Northside. Once completed, the 29,000-square-foot facility will include 3,000 more square feet of space, a new entrance and exterior. The three-phase construction project will touch nearly…

Contracts

DS Smith Appoints CBRE as Global Real Estate Advisor

CBRE has been appointed global real estate advisor to sustainable packaging business DS Smith. Under the terms of the agreement, CBRE will provide account management, real estate strategy, portfolio services and transactions and estates management services across DS Smith’s portfolio of around 500 properties across 34 countries with a total built footprint of 5.3 million…

News

Wiltshire Development Secures New Tenants

RO Real Estate, a subsidiary of UK family-owned business, The RO has successfully pre-let two food retail units on its development at Solstice Park in Amesbury, Wiltshire.  Work on the units is underway with completion expected over the summer and customer visits expected to commence later this year. Tenants include leading food retailer Greggs, the…

News

LA Industrial Portfolio Sells for US $85 Million

Cushman & Wakefield has advised the sale of a ±13.43-acre industrial park comprising five buildings totaling 95,600 square feet with two land parcels totaling ±4.17 acres all on the same cul-de-sac in Los Angeles. The portfolio is located strategically, adjacent to the Van Nuys Airport. Boston real estate investment firm Longpoint Realty Partners acquired the…

Luxembourg

Consultancy Relocates to Larger London Offices

Project and cost management consultancy Stature London has relocated to new offices in Wilton Road near Victoria Station. The 2,500 sq ft premises were previously a Pret A Manger training academy, with Stature London managing their fit-out prior to its move. The consultancy recently recruited five new members of staff and appointed Lee Marple as…

flexspace

Flexible Workspace Specialist Signs First Enterprise Member

B Corp certified flexible workspace specialist x+why has signed the social care staffing app Florence as the first enterprise member of its new Birmingham site, Foundry at Brindleyplace. The fast-growing company will take 48 desks with its own meeting room and break out space. Founded in 2017 to help relieve the UK’s social care crisis,…

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