Jones Lang Lasalle News

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

SALEM, N.C. Reynolds American Inc. has officially launched the largest recycling project in its history -- it has put its historic headquarters on the market.

Keep good records in case you get sued or audited -- or if you just hope to learn from past experiences.

Concorde Construction completed the new 20,000 square foot Huron Consulting Group office space in the Kings Parade One Building located in Charlotte's Town of Ayrsley.

Two national real estate firms say the consolidation of bank employees into two new office towers will negatively impact the uptown office market.

On behalf of Interstate Hotels & Resorts, Jones Lang LaSalle Hotelsa select service division is pleased to announce the sale of the Hilton Garden Inn Baton Rouge Airport to an opportunity fund managed by Fairwood Capital, LLC, for $10.6 million.

Memphis commercial investment sales for more than $2.5 million are in for the last 12 months and they don't look good, according to third quarter reports from LoopNet, Inc.

Read the full story at GreenBiz. The trickle of reports released in the past week has officially grown to a flood.

ZoomSystems is zooming into Macy's former San Francisco headquarters. The technology company that created automated retail machines for everything from iPods to Canon digital cameras, is subleasing the top two floors of Macy's former 155,000-square-foot office building at 22 Fourth St.

MILLIONAIRE Labour donor David Abrahamsa plans for a A 1bn business park in Durham have moved a step closer to reality.

Piedmont Office Realty Trust Inc. is unloading a three-building office portfolio in Rockville.

The initial U.S. commercial real estate recovery is likely to begin in the second half of next year, according to Jones Lang LaSalle 's 2010 forecast.

Three medical companies have leased 21,851 square feet of medical office space at One Blackburn Drive in Gloucester.

Hotels are in the worst shape in the real estate world, home buyers can't get mortgages easily, and retail and office developments will suffer from large vacancies for years to come, real estate industry leaders said yesterday.

Rentals of high-grade office property in the capital city are increasing. [CFP] Beijing's office market saw a steady recovery in the third quarter, with the demand from large domestic firms remaining strong and that from the multinational companies picking up as the global economy revives.

Efforts by the owners of the Renaissance Grand Hotel & Suites to sell the suites portion of the 1,100-room hotel in downtown St.

China has surpassed the U.S. as the world's largest car market, and consumers there are expected to buy as many as 50 million new cars and trucks a year by 2020, the chief executive of a Chinese industrial real-estate developer told a group of automotive suppliers today.

Beijing's office market saw a steady recovery in the third quarter, with the demand from large domestic firms remaining strong and that from multinational companies picking up as the global economy revives, China Daily reported Monday.

With the sharp decrease in demand for rooms and an investment crunch owing to global recession, major developers and hospitality players have had to review their plans of development.

The American College of Surgeons has picked up its first unaffiliated tenant for its owner-occupied building still under construction at 20 F St.