Blog Archives

Office Lease Up (August 14) Northern Trust Inks 462,000-SF Lease for New Employment Hub at “Big Red”

Chicago-based Northern Trust (NYSE: NTRS) has signed a lease with The John Buck Co. and Morgan Stanley to occupy 462,000 square feet in the venture’s 333 S. Wabash Ave. tower in Chicago’s East Loop. The John Buck Co. and Morgan Stanley paid $ 108 million back in March 2016 to acquire “Big Red,” a 1.2 […]

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Orange Lake Resorts Signs 240,000-SF BTS Office Lease

Tavistock Development Company, a diversified real estate firm owned by Tavistock Group, has signed a build-to-suit lease at its Infinity Park corporate campus that will see Orange Lake Resorts, home of the Holiday Inn Club Vacations® brand, establish a new corporate campus that will house approximately 2,100 employees in two buildings totaling 240,000 square feet […]

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Market Trend: Select Top Five Tampa / St. Petersburg Office Leases Signed in Q1 2017

The select top office lease signed during the first quarter of 2017 in the Tampa / St. Petersburg market was at the PCC #5 – HSBC Facility in the East Tampa submarket. Cushman & Wakefield represented the landlord in a 60,000-square-foot office lease signed there. Ace American Insurance leased 18,844 square feet at the Centrepointe […]

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Office Lease Up (June 12) Amazon Web Services Picks Virginia for New 400,677-SF East Coast Corporate Campus

Amazon Web Services (AWS) has signed a lease for 400,677 square feet at One Dulles Tower in Herndon, VA where the on-demand cloud computing platform provider and Amazon.com subsidiary will establish a new corporate campus. The Virginia Economic Development Partnership collaborated with the General Assembly’s Major Employment and Investment (MEI) Commission to secure the project […]

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Osprey Mgmt Sells 398,000-SF Suburban Tampa Office Portfolio

Osprey Management Company LLC has sold a portfolio of seven suburban office buildings in the Tampa, FL market for $ 101 million, or about $ 145 per square foot, to The Dilweg Companies. The 698,100-square-foot portfolio is 74 percent leased to multiple tenants, with no single tenant representing more than 11 percent of total rentable […]

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