Business Specialties Leasing
Shops at Boca Grove to Welcome Organic Market
May 9, 2008

Ada's Natural & Organic Foods Supermarket & Deli will soon have a home at the Shops at Boca Grove, now that it has signed a lease with Woolbright Development to occupy 14,000 square feet at the 77,000-square-foot neighborhood shopping center. Located on Powerline Rd., the Shops at Boca features a tenant roster of about 30 businesses, including a Starbucks, a yoga center and a spa. Ada's will debut at the property in late 2008, and the organic foods retailer will open another Florida locale at the 225,000-square-foot Collection at Vanderbilt in Naples, also owned by Woolbright.

 
Recent Leasing Headlines
Sports Product Retailer Triples Warehouse with 207,000SF Lease
July 18, 2008
Driven to expand its operations due to increasing demand, Dreams Retail Inc. has leased the industrial building at 725 Landwehr in Northbrook, about 25 miles from Chicago, Ill.
logo Merrill Lynch Backs Out of Plans to Move HQ to WTC
July 17, 2008
The Port Authority of New York and New Jersey confirmed today that Merrill Lynch has pulled out of plans to locate its headquarters at a new office tower to be constructed at the World Trade Center site in Lower Manhattan.
met 2 Greenberg Traurig to Anchor Miami's Met 2 Office Tower
July 16, 2008
International law firm Greenberg Traurig has inked a 15-year, 150,000-square-foot lease at the upcoming Met 2 office tower in Downtown Miami, taking its place as the building's anchor tenant.
Realty Income, Buffets Reach Agreement on 105 Properties Under Lease
July 15, 2008
Realty Income Corp. has reached an agreement with Buffets Holdings Inc. for the continued lease of all of its properties.
ProLogis Leases 205,000 SF in China
July 15, 2008
ProLogis has leased approximately 205,000 square feet in Dalian, China to Nittsu Sinotrans Logistics Dalian Ltd., a joint venture between Sinotrans Liaoning Co. and Nippon Express.
 

 

UrbanAmerica Takes Rubicon Portfolio for $515M
July 18, 2008
By Paul Rosta, Senior Associate Editor As some investors stay on the sidelines, others continue to see opportunity in softening asset values. UrbanAmerica, a New York City-based investment firm, has agreed to pay Rubicon America Trust $515 million for a...

Manhattan Mixed-Use Sold to Local Investor
July 18, 2008
By Scott Baltic, Contributing Editor A partnership including Kent Swig of Swig Equities L.L.C. has sold a pair of pre-war apartment buildings on Manhattan's Upper West Side to a locally--based operator of residential and mixed-use properties for $61 million, or...

Vegas-Area Resort Developer Files for Bankruptcy
July 18, 2008
By Tonie Auer, Southwest Correspondent -- A sluggish economy coupled with housing market woes nationwide trickled down to the robust Las Vegas housing market, contributing to the filing to reorganize under Chapter 11 bankruptcy for Lake at Las Vegas Joint...

Details Emerge for $90M Canadian Casino
July 18, 2008
By Barbra Murray, Contributing Editor -- Plans for a new destination casino in New Brunswick, Canada move closer toward realization as developer Sonco Gaming New Brunswick L.P. divulges details of the mixed-use property. The $90 million project will carry the...

REal Talk with Adam Perrotta-July 17
July 17, 2008
By Adam Perrotta, News Writer --Today's news was a mixed bag, as yet another disappointing report on the real estate market and a major tenant pulling out of the World Trade Center was balanced out by some good news, including...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...