Brennan Investment Group Acquires 55K-SF Industrial Facility in Bolingbrook Via Sale-Leaseback
Brennan Investment Group has acquired a 55,000-square-foot Class A industrial building located in Bolingbrook, Illinois.
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In the news.
30 articles featuring the team's market commentary and transactions, from 2020 to today.
5 City Departments To Move To Coworking After Gas Company Tower Lease Falls Apart
After a would-be lease at one of downtown Los Angeles' financially troubled office towers fell apart, the city of LA will seek alternative office lodgings for some 1,200 employees in a coworking space.
Investing in Environmental Wellness is Well Worth it for Office Owners
Article by Jennifer Frisk | Published by WealthManagement.com
PowerLA List: Jay Luchs and Ryan Harding - Executive managing director for Downtown L.A.; vice chairman at Newmark at Newmark
Ryan Harding represents more than 300 tenants in office and industrial assets in Southern California and around the country out of Newmark’s Downtown L.A. office. He has more than 17 years of experience with clients spanning tech, media, entertainment, finance, nonprofit and cons
Report: Sublet Availability Decreasing in LA Office Market as Companies Withdraw Space, Head Back to the Office
Despite uncertainties caused by the COVID-19 pandemic, the Los Angeles office market is seeing a decrease in sublet availability as companies withdraw sublease space amid talks of heading back to the office. According to a report from Newmark, which analyzed leasing trends in Los
Newmark Adds National Leasing Group Focused Solely On Tech Tenants
One of the largest commercial real estate brokerages will devote a part of its company solely to finding office space for tech tenants across the U.S.
Newmark Introduces Technology & Innovation Practice Group, Focused on TAMI/TMT
Newmark is pleased to announce its Technology & Innovation Practice Group. Focused on Technology, Advertising, Media and Information (TAMI) and Technology, Media and Telecom (TMT) tenants within the office sector, the specialty practice group boasts a growing international networ
This Week's Chicago Deal Sheet
Sterling Bay finished the environmental cleanup of Lincoln Yards, its mixed-use development along the North Branch of the Chicago River. The Chicago-based real estate developer and its partners removed more than 54 million pounds of polluted soil from the 53-acre site.
The New Broker Order
I want you to visualize something. Picture an industry where extraordinarily lucrative careers can be had, where the barrier to entry for new talent is much lower than the other classic business roles like consulting and banking. This is a field that rewards participants not just
New office leases inked in West, East Loop. No, really.
A trio of companies have recently signed up for new or expanded office space downtown, a sign of tenants preparing to return to offices as COVID-19 vaccinations pick up speed. In a new addition to the West Loop, Lactalis Heritage Dairy subleased 35,000 square feet at 540 W. Madis
Production Company Inks Lease For Half Of Hudson Pacific's Harlow In Hollywood
Post-production company Company 3 has signed on to be the first tenant at Hudson Pacific Properties’ Harlow building in Hollywood, taking up about half the space in the Class-A office building.
Hollywood Office Market Stays Strong Thanks to Media Companies Like Netflix
While activity in the office leasing market around Los Angeles plummeted last year in the wake of the Covid-19 pandemic, Hollywood was largely unscathed.
With A Return To Office Up In The Air, Occupiers Weigh Pandemic Necessities Against Long-Term Plans
With nonessential offices closed since December, most office occupiers are once again facing uncertainty about their office space, waiting until California and LA County regulations allow for a broader return to the office and until pandemic conditions improve so workers and empl
Entertainment, Media Helping LA's Struggling Office Sector Limp Along
In September, Netflix signed a 171K SF office lease in Burbank with plans to install its first dedicated animation studio at the property. The streaming giant initially planned to lease 150K SF, but it added on 21K SF more in the largest lease of the year to date, CoStar reports.
A Restaurateur Sees Vegan Food as Key to Post-Covid Success
(Bloomberg) -- As the restaurant death toll soars across the U.S.— nearly one in six U.S. restaurants have closed since the start of the pandemic— Matthew Kenney sees opportunity to grow.
Google Signs One of San Francisco’s Largest Leases of Year for Eventual Return to Offices
Google is proceeding with plans to expand its downtown San Francisco footprint by 42,000 square feet. (CoStar)
Home office demand takes off as pandemic drags on
Rachel Quigley gets a new built-in desk installed by technician Matthew Hinojosa with California Closets at her San Juan Capistrano home on Wednesday, October 7, 2020. (Photo by Mindy Schauer, Orange County Register/SCNG)
Orange County Office Property Owners Retrofit Buildings With New Technology as a Bid to Welcome Back Tenants
The interior of Granite Properties' 100 Bayview office building in Newport Beach. (Courtesy Granite Properties)
Workers are quietly trickling back to Los Angeles offices
Alexandra Rousso, foreground, left, and Carly Kinnan, background, left, receptionists at Hudson Pacific Properties, a big office landlord in Los Angeles, work behind safety partitions, as protection against the coronavirus. (Mel Melcon / Los Angeles Times)
Institutional Landlords Come Around to Coworking
Need proof? The big institutional owners are starting to get on board.
Court to Decide What Happens to a Tenant When Its Coworking Firm Doesn't Pay Rent
The question of what happens to a tenant when its flexible office space provider stops paying rent to the landlord may soon find an answer in a San Francisco courtroom.
LA’s Office Market Has Yet To Feel Full Effects of COVID-19
While good news can be hard to come by these days for the office market, sunny Los Angeles had at least one cheery stat in the second quarter that needn’t fill market watchers with horror.
LA Rents Have Begun to Slide, Subleases to Rise
Net effective rents in the L.A. region have been falling anywhere from 5 to 10 percent amid the pandemic as landlords offer greater incentives to draw and retain tenants, said Eric Willett, CBRE’s research director for the Pacific Southwest. It’s a different story for asking rent
BlackRock CEO Latest Business Leader Who Doesn’t See Full Return to Office
Another major CEO misses his office, but permanent cuts could be coming to how much his company will need it moving forward.
LA Real Estate Brokers Say Companies Holding Off on Downsizing Office Space
Many companies have extended their work-from-home policies through 2020 and beyond, which has led some to speculate that the days of the physical office space could be numbered.
Will Downsizing Be Big for Long? Featuring Commentary by Ryan Harding
When insurance giant Nationwide announced in March that it would shed thou-sands of square feet of office space while not losing employees, it seemed like an extreme downsize. But the pace picked up. Tech giants Facebook and Alphabet-owned Google sent huge portions of its personn
Blackstone Snaps Up Studio Lots for a Slice of Streaming Riches
Stuck at home during the Covid-19 pandemic, Americans have been streaming movies and TV with abandon. They’ve plowed through Tiger King and the much-acclaimed production of Hamilton. Millions have even made time for game shows as low-brow as Floor is Lava (pretty much what it sou
Here Comes Co-Working v3.0
Jennifer Frisk, Senior Managing Director, Newmark Knight Frank
Why coworking space could see an uptick in Chicago
Coworking spaces are likely to become more popular in a post-pandemic environment, according to a commercial real estate industry analyst, as companies seek the safest yet most cost-effective way to navigate today's office challenges.
Judgement Day: What happens once commercial eviction moratoriums end? With commentary from Jennifer Frisk
Court cases often feel like a long, drawn-out affair, filled with mountains of legal filings detailing arcane arguments and making endless requests for things like supporting documents and depositions.
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