Jones Lang LaSalle News

Hammerson, the UK property investment trust, has emerged as the winner in a bidding war for Silverburn the super-sized shopping centre on the south side of Glasgow, paying close to A 300m in a joint venture with its partner Canadian Pension Plan.

Gov.-elect Chris Christie will swear in Parsippany-Troy Hills' next mayor, Jamie Barberio, on Jan.

After months of debate in court, a new receiver has been named to manage the half-built Kenwood Towne Place complex.

The stockpile of empty industrial facilities in metro Atlanta was hardly dented this year, despite some recent large transactions.

San Francisco office tenants are increasingly gravitating to downtown's most prestigious trophy towers, taking advantage of desperate landlords to lock in cheap rents, according to a study by Jones Lang LaSalle .

Decline in most recent six months slowed to 11% from 14% in previous half-year; hope for a bottom seen next year as economy turns around and sublease space shrinks.

Onyx Equities, LLC, is pleased to announce the recent completion of multiple sale and office lease transactions at its three-building, 230,969-square-foot Edison Square Office Park in Edison, New Jersey, which total 109,107 square feet.

The Greater New York Councils of Boy Scouts has tapped an international commercial real estate firm to market Pouch Camp in the Greenbelt to the government or, possibly, private buyers - whichever can come up with the millions needed to make a deal.

THE hotels industry has been one of the hardest hit this year, so the sale of seven pubs over the past fortnight for about $26 million will give heart to investors that well-run pubs in good locations remain attractive.

PRESS RELEASE CHICAGO, DECEMBER 8, 2009 Jones Lang LaSalle Hotels announced today that it has completed an energy and sustainability analysis of the Palmer House Hilton in downtown Chicago, using its Green Globes technology platform.

The nonprofit just signed a 14,445-square-foot lease to occupy the second floor at 20 F St.

Jones Lang LaSalle plans to take over management of most of RREEF 's retail portfolio in the United States, which consists of 29 shopping centers including the 170,000-square-foot Marina Square in San Leandro and the 145,000-square-foot On Broadway in Redwood City.

College Park PRINCETON, NJ-Syska Hennessy Group has relocated its Princeton regional office to 105 College Rd., within the College Park complex at Princeton Forrestal Center here.

Indianapolis Jones Lang LaSalle has taken over leasing and management at the Chase Tower, which is owned by Macquarie Office Trust.

A BUILDING in Plymouth city centre is to be auctioned with a "bargain" guide price of 2 million.

Four companies have signed leases totaling more than 11,000 square feet at Hall Office Park in Frisco.

Whata s a broker to do when he finds himself in the pay of Tehran? Thata s the question now facing real estate brokerage Jones Lang LaSalle , following the revelation that a skyscraper in New Yorka s most exclusive office market belongs to a shell company that, in turn, belongs to the Iranian regime, according to a Nov.

A NEW hotel in the Capital is up for sale after the company that built it collapsed.

No more falling? Experts forecast the local office market may remain weak for some time due to oversupply.

CHRISTIE & Co reports that the pubs and licensed trade market has turned the corner with the number of deals on the rise.