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Authors Posts by Shea Communications

Shea Communications is a media relations firm that works with local, national and international media to manage sensitive client issues and to advance clients' new business development goals. Experts at crafting and delivering messages, Shea Communications personnel develop and implement strategies across all media.

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Children’s Museum of the Arts Set to Open Expanded Facility in Lower Manhattan on...

NEW YORK, NY - August 22, 2011 - (RealEstateRama) -- The Children’s Museum of the Arts (CMA) will open its new, expanded space at 103 Charlton Street on Oct. 1, 2011. The 10,000-square-foot former loading dock, located in the Hudson Square neighborhood west of SoHo, will triple the museum’s size and enable it to dramatically expand its arts programming.

ROSE ASSOCIATES, INC. SIGNS 2,462 S.F. WITH POTBELLY AT 150 EAST 44TH STREET

New York , NY - August 18, 2011 - (RealEstateRama) -- Rose Associates, Inc. recently signed a 15-year lease with Potbelly at the Metropolis, a property located at 150 East 44th Street in Manhattan. The popular sandwich maker is now open and operating in the 2,462-square-foot space, which was formerly occupied by Benvenuto Café and is adjacent to a Chipotle restaurant.

Jones Lang LaSalle Completes 32,259-SF Renewal, Expansion for ABN AMRO Holdings at 100 Park...

NEW YORK, NY - August 9, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease renewal and expansion for ABN AMRO Holdings USA LLC with SL Green Realty Corp. at 100 Park Avenue. The bank signed an 11-year lease for a total of 32,259 square feet at the 825,815-square-foot, Class A office building.

Commercial Real Estate Registers 2Q Resilience in Spite of Chilly Economic Headwinds

CHICAGO, LONDON, SINGAPORE - August 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle’s new Global Market Perspective, which assesses the impact of economic forces on the world’s major real estate markets quarterly, reveals that despite some economic uncertainties global real estate markets have continued on a resilient recovery path during the second quarter.

Americas Hotel Transaction Volume Up Approximately 180 Percent to $7.4 Billion in First-Half 2011

CHICAGO, IL - July 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel Investment Highlights Americas report due to be released later this month. The firm’s research tracks hotel asset transactions in excess of $10 million, and excludes note sales, recapitalizations and foreclosures.

Jones Lang LaSalle Completes 110,000-SF Lease for Eastgate Realty with Cerberus Capital Management at...

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for building owner Eastgate Realty with Cerberus Capital Management LP at 875 Third Avenue. The private investment firm signed a 10-year lease for 110,000 square feet at the Class A, 720,000-square-foot office building.

Rosen Seymour Signs 44,851-SF Renewal at 757 Third Avenue in New York

NEW YORK, NY - July 27, 2011 - (RealEstateRama) -- Rosen Seymour Shapss Martin & Company LLP signed a 15-year renewal for 44,851 square feet at the Class A, 457,250-square-foot office building.

Jones Lang LaSalle Selected by Italian Trade Commission to Market, Sell 33 East 67th...

NEW YORK, NY - July 14, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by the Italian Trade Commission to market 33 East 67th Street, once known as the Hugh D. Auchincloss House. Constructed originally as a townhouse, the five-story mansion is located on the Upper East Side of Manhattan and serves as the home of the ITC.

Jones Lang LaSalle Expands Corporate Solutions Business with New Director of Occupancy Planning Executive

CHICAGO, IL - July 14, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that Gregory Bonsignore has joined the firm as Director, Occupancy Planning in the firm’s Strategic Consulting group to support the firm’s long-term strategy to deliver high-performance solutions to clients within its Corporate Solutions business. In this role, Bonsignore will be responsible for driving innovation and product enhancement within the occupancy planning practice.

CoreNet Global NYC Holds Panel on World Trade Center: 10 Years Later

New York, NY - July 13, 2011 - (RealEstateRama) -- The New York City Chapter of CoreNet Global, the leading professional association for corporate real estate and workplace executives serving multinational companies in the Fortune and Global 1000, will hold a panel discussion on July 28 entitled: World Trade Center: 10 Years Later, Progress and Momentum in Lower Manhattan.

U.S. Office Market Sees Highest Level of Absorption since 2007 while Office Market Rents...

CHICAGO, IL - July 7, 2011 - (RealEstateRama) -- The U.S. office market absorbed more space in the second quarter of 2011 than it had in the previous four quarters, which illustrates a clear sign that the U.S. office market is in a full recovery. In the second quarter of 2011, the U.S. office market achieved the greatest amount of quarterly absorption since the fourth quarter of 2007 with nearly 11 million square feet absorbed during the three months and nearly 14 million square feet absorbed in the first half of 2011, according to Jones Lang LaSalle’s Second Quarter 2011 United States Office Outlook. Jones Lang LaSalle’s quarterly outlook tracks 43 U.S. markets and provides an overview of supply and demand, pricing conditions, a statistical analysis and an outlook on future performance.

Jones Lang LaSalle Reports Manhattan Office Market Recovery Continues to Pick Up Steam in...

NEW YORK, NY - July 7, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that overall average asking rental rates increased and overall vacancy rates decreased in every building class and every submarket of Manhattan's office market in the second quarter of 2011. Class A buildings in Midtown and Midtown South posted gains in rents while Class B product in both submarkets saw rates fall slightly.

184 KENT COMPLETES 8,000-SF LEASE TO RIVER SCHOOL

New York, NY - July 7, 2011 - (RealEstateRama) -- 184 Kent, the luxury residential rental that opened on Williamsburg’s waterfront one year ago, has recently secured a tenant for 8,000 square feet of ground floor retail space. The space was leased by The River School, a childcare and educational facility that will open at 184 Kent in 2012.

Jones Lang LaSalle Completes 18,050-SF Renewal, Expansion for Ownership with Integrated Media Solutions at...

NEW YORK, NY - July 6, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a renewal and expansion totaling 18,050 square feet for 650 Fifth Avenue Co. with Integrated Media Solutions LCC at 650 Fifth Avenue. The direct response media and analytics firm signed a renewal transaction for 11,289 square feet and a lease expansion for 6,761 square feet at the Class A, 395,000-square-foot office building.

Jones Lang LaSalle Selected by RFR Realty as Co-Leasing Agent of 757 Third Avenue

NEW YORK, NY - June 29, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by RFR Realty LLC as co-leasing agent for 757 Third Avenue. The company will be responsible for assisting the building owner with leasing and marketing efforts at the 27-floor, 457,250-square-foot, Class A office building.

Jones Lang LaSalle Completes 16,350-SF Lease for GuardHill Financial at 140 East 45th Street...

NEW YORK, NY - June 27, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a new direct lease for GuardHill Financial Corp. with Boston Properties Inc. at 140 East 45th Street, also known as 2 Grand Central Tower. The mortgage banker and brokerage firm signed at 10-year lease for 16,350 square feet at the Class A, 667,000-square-foot office building.

Jones Lang LaSalle Promotes Giles Wrench to International Director

NEW YORK, NY - June 21, 2011 - (RealEstateRama) -- Giles Wrench, who heads the international desk for Jones Lang LaSalle in New York, has been promoted to international director. He joins the firm’s select group of international directors who are recognized for delivering exceptional results for clients and driving the firm’s growth

Jones Lang LaSalle Advises Starr Hill Presents on Summer Music Festival at Bader Field...

NEW YORK, NY - June 17, 2011 - (RealEstateRama) -- Jones Lang LaSalle represented Starr Hill Presents, a sister company of Red Light Management, in arranging a summer music festival at Bader Field in Atlantic City. The three-day music festival is the first stop for the Dave Matthews Band Caravan and the event will take place from June 24 to June 26.

ROSENBERG & ESTIS, P.C. RECRUITS NEIL UNDERBERG, JOHN HADLOCK TO EXPAND LEGAL SERVICES FOR...

New York, NY - June 8, 2011 - (RealEstateRama) -- Underberg will continue to represent major developers and educational and charitable institutions in New York and throughout the country in the acquisition and assemblage of large tracts for the development of shopping centers, office buildings, hotels, and other commercial and educational projects.

Jones Lang LaSalle Completes Lease Extension for 660,000-SF Hunts Point Terminal Market with City...

NEW YORK, NY - June 8, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a lease extension for Hunts Point Terminal Produce Cooperative Association Inc. with the City of New York. The world’s largest produce market inked a three-year lease extension for 660,000 square feet of warehouse space on 107 acres of land in the Bronx.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases