July 14, 2014
42-STORY BANK OF AMERICA TOWER IN JACKSONVILLE SELLS FOR $88M

JACKSONVILLE, FLA. — Parmenter Realty Partners has sold the Bank of America Tower in Jacksonville for $88 million. Hertz Investment Group of Santa Monica, Calif., was the buyer, according to The Florida-Times Union. The 42-story, granite-clad, trophy office tower co... More
 
 

SOUTHEAST  
STILES, ROCKEFELLER GROUP BREAK GROUND ON HIGH-RISE APARTMENTS
  

FORT LAUDERDALE, FLA. — Stiles Residential Group and The Rockefeller Group have begun co...more

 
CAROLINA HOLDINGS OPENS VERIZON WIRELESS S...  
BOJANGLES’ OPENS 600TH LOCATION...  
CA STUDENT LIVING BREAKS GROUND ON STUDENT...  
PARKLAND DEVELOPMENT OPENS FORUM AT TALLAH...  
more news
 
NORTHEAST  
EASTERN CONSOLIDATED BROKERS $6.5M LONG ISLAND WAREHOUSE SALE
  

NEW YORK CITY — Eastern Consolidated has arranged the sale of 37-10 Crescent Street, a w...more

 
PHASE II CONSTRUCTION BEGINS FOR BOYTON ME...  
SUFFOLK CONSTRUCTION SELECTED FOR LAHEY HO...  
FANTINI & GORGA ARRANGES $2.3M ACQUISITION...  
SNAPPLE LEASES 51,734 SF DISTRIBUTION SPAC...  
more news
 
TEXAS  
M&M ARRANGES SALE OF RETAIL PROPERTY IN HEBRON
  

HEBRON, TEXAS — Marcus & Millichap arranged the sale of Hebron Plaza, a 14,176-squar...more

 
TAYO BUYS 64 PROPERTIES IN WEST TEXAS OIL ...  
90-UNIT APARTMENT PROPERTY SELLS IN SAN AN...  
OLYMPUS PURCHASES THE WOODLANDS APARTMENTS...  
DUKE REALTY SIGNS 1.4M SF INDUSTRIAL LEASE...  
more news
 
MIDWEST  
UPSCALE GROCER MARIANO’S TO OPEN NEW STORE IN SHOREWOOD, ILL.
 

SHOREWOOD, ILL. — Grocery store operator Roundy’s Inc. will open a Mariano’s...more

 
REED CONSTRUCTION TO COMPLETE RENOVATION F...  
L. MASON CAPITANI BROKERS SALE OF 49, 686 ...  
DICKMAN CO. /CORFAC ARRANGES 30,000 SF IND...  
more news
 
WESTERN  
CHANDLER CORPORATE CENTER I SELLS FOR $14M
  
CHANDLER, ARIZ. — Chandler Corporate Center I, a 67,561-square-foot office ...more  
TOWNEPLACE SUITES BY MARRIOTT IN NEWARK SE...  
CREEKSIDE APARTMENTS IN RENO RECEIVES $13M...  
SAN DIEGO INDUSTRIAL BUILDING SELLS FOR $8...  
WONG’S INTERNATIONAL OFFICE PROPERTY IN MO...  
more news
 


New Hampshire Office
Southern New Hampshire Office Market Trending Positive In 2014 — 07-11-14
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Cleveland Office
Strong Residential Demand Boosts Cleveland’s Downtown Office Market — 07-09-14
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Seattle Office
Tech Sector, Led By Amazon, Drives Seattle Office Market — 07-08-14
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STRONG JOB GROWTH IN JUNE COULD BOOST OFFICE OCCUPANCY IN NEAR TERM

By Scott Reid

Private sector employees in June added 262,000 jobs and government agencies added 26,000 positions, for a net gain of 288,000 new jobs that will potentially have a substantial impact on commercial real estate, according to a Marcus & Millichap report. During June, the unemployment rate fel...
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