Cushman and Wakefield News

With the signing, Maines, a distributor for independent and chain restaurants, will continue to occupy the entire building for another 10 years.

Last year the U.S. was the least riskiest place in the world to open a data center, according to a study released this week .

The International Council of Shopping Centers' four-day RECon retail convention and party marathon wraps up today in Las Vegas.

Retail space rentals in Delhi's high street Connaught Place have appreciated by 12% - the most among the country's top eight cities - during the January-March period over the previous quarter, according to property consultant Cushman & Wakefield .

The UK has been ranked as the lowest-risk destination in Europe for businesses to locate their datacentres, according to the Data Centre Risk Index 2013.

Mack-Cali Realty, based in Edison, N.J., leased 235,325 square feet during the first quarter at its office and office/flex properties in Westchester County, N.Y. and Fairfield County.

The 306 stores Penney owns and the 123 locations for which it has ground leases are worth $3.3 billion, according to an appraisal by Cushman & Wakefield.

A landmark project in Boston's Downtown Crossing has launched leasing. Millennium Partners has appointed Cushman & Wakefield as the exclusive retail leasing agent for its Millennium Tower/Burnham Building project, which is the site of the former Filene's Department Store and consists of the landmark 1912 Burnham Building and a contemporary, ... (more)

This week's People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC, New Jersey, Chicago, New York, and Indianapolis.

Cushman & Wakefield's Midwest Multifamily Advisory Group is said it sold 2000 Illinois Apartments in Aurora, on behalf of a private partnership to Mercy Housing Lakefront, an Illinois not for profit corporation.

It would be another big downtown move for Georgia State, but it would have competition.

Cavotec , a leading system designer and integrator for the global airports, maritime ports, mining and general industry sectors, has signed a new 159,943-square-foot industrial lease at 5665 Corporate Ave.

Positive momentum continued in U.S. industrial markets through the first quarter of 2013 as e-commerce maintained its influence on reshaping industrial distribution strategies and facilities across the U.S., according to statistics released by commercial real estate services firm Cushman & Wakefield Inc.

Cushman & Wakefield of Florida has brokered three Tampa Bay apartment deals totaling more than $73 million and 800 units.

Commercial real estate services firm Cushman & Wakefield has arranged a 192,000-square-foot industrial lease for Tactical Logistics Solutions, Inc.

The overall vacancy rate fell to 8.2 percent in the first quarter, down 80 basis points from the same period last year.

Seeking to hedge against rising rents and a shortage of space, banks and insurers are on a record spree of buying office buildings in Hong Kong, where occupancy costs are the second-highest in the world.

As Hurricane Sandy formed off the Atlantic Coast, most of the models being studied by the crisis management team at Cushman & Wakefield showed that the storm would pass safely offshore.

SolarTech Universal was one of three companies whose expansions would bring a total of 105 jobs, according to an announcement by the Business Development Board of Palm Beach County, which helped them with their moves.

From the May issue: An acclaimed basketball player is entering the big leagues a of real estate, that is.