Rents on vacation homes typically are cheap enough to be more attractive to travelers than traditional travel accommodations, but high enough to bring in more than enough cash to pay the mortgage and upkeep costs. Because vacation home rents for travelers are higher than long-term rents paid by conventional tenants,...
The article starts with the fact that any subtenant must live with certain risks that a tenant who rents directly from a property owner need not bear. As the first on a long list of risks, a sublease generally terminates if the sublandlord defaults under the prime lease and, as a...
WILKES-BARRE, Pa. -- Over the past several weeks Mohegan Sun at Pocono Downs has conducted a career fair that attracted nearly 5,000 applicants for a range of jobs in housekeeping, slot operations, food and beverage operations, marketing cage and count operations, and other casino operations including security and surveillance for...
SYRACUSE - Paychex, Inc. (NASDAQ: PAYX) - a Rochester-based provider of payroll, human resources, and benefits outsourcing services for small-to-medium-sized businesses plans to move its Syracuse division to a new location either this November or in spring 2009. Paychex is preparing to move from its 20,400-square-foot facility at 990...
Wells Real Estate Investment Trust II Inc. announced its acquisition of Eagle Rock Executive Office Center IV, a Class-A office building in northern New Jersey. The three-story, 178,000-square-foot building's tenants include Ceridian, a multinational human resources and payment solutions leader. It features a two-story atrium with...
Wells Real Estate Investment Trust II Inc. announced its acquisition of Eagle Rock Executive Office Center IV, a Class-A office building in northern New Jersey. The three-story, 178,000-square-foot building's tenants include Ceridian, a multinational human resources and payment solutions leader. It features a two-story atrium with waterfall and...
Wells Real Estate Investment Trust II Inc. announced its acquisition of Eagle Rock Executive Office Center IV, a Class-A office building in northern New Jersey. The three-story, 178,000-square-foot building's tenants include Ceridian, a multinational human resources and payment solutions leader. It features a two-story atrium with waterfall and...
TORONTO, ONTARIO, Mar 30, 2007 CCNMatthews via COMTEX -- Representatives from Canada's New Government, the Province of Ontario and the City of Toronto today joined guests, tenants and community supporters to celebrate the official opening of the new Wigwamen Waabnong affordable housing project in Scarborough's ...
The Rental Association of Wenatchen Valley meets at 5:45 p.m. March 13 at the Royal Fork Buffet in Olds Station. The program speaker is Bill Deweber of The Information Source in Spokane, a screening company. He is also vice president of the Washington Apartment Association. He will...
Garibaldi, Morford & Dodds/ CORFAC International announced the appointment of Jeannine Dresch as vice president. In this new role, Dresch will be responsible for tenant representation and office leasing. Prior to joining Garibaldi, Dresch was a vice president with Prudential Financial in Newark, New Jersey, where she was...
Adopting telecommunication services presents challenges for property owners Whatever happened to the idea of commercial property owners offering wireless services to their customers? In the late 1990s and early 2000 a substantial amount of money flowed into wiring commercial buildings and offering a range of telecommunication...
Heritage Management Company, owner of the Atria East office property in Garden City, NY, has negotiated eight long-term leases that have brought the 207,000-s/f, Class A building to 100% occupancy. The activity, totaling 74,700 s/f, follows significant capital improvements at the property and reflects a growing momentum within the city's...
Hub One Logistics has leased 177,000 square feet of warehouse space in the Quad-state region, but it isn't in the Hub City. The Pittsburgh-based company has taken space in a ProLogis-owned building in Chambers-5 Business Park in Chambersburg. Hagemeyer North America, an electrical suppler formerly known as Tristate Electrical...
Byline: Marsha Jacobs Apr 26, 2006 (The Australian Financial Review - ABIX via COMTEX) -- An estimated 100,000 square metres of office space was taken up in the overcrowded Perth commercial property market during 2005. Ian Campbell, of Colliers International, claims companies...
Akerman Senterfitt's Orlando lawyers have been based in the boxy Citrus Center on Orange Avenue since 1971. But this spring, the firm's 90 attorneys and more than 170 staffers moved to the new CNL Center II at City Commons downtown. The firm is the building's signature...
Jackie Greulich has been promoted to director of brokerage resources for Burnham Real Estate. She will be responsible for coordinating all research, marketing and human resources activities. Greulich joined the company in 1999 and formerly was vice president of human resources. She currently serves as a...
Aug 02, 2005 (The Sydney Morning Herald - ABIX via COMTEX) -- GPT Group in Australia is now managing its own properties. The group has a $A3.1 billion office property portfolio. GPT...
After years as a corporate resident of Hawthorne, NY, Ginsburg Development recently made a commitment to relocate its headquarters to 100 Summit Lake Drive in nearby Valhalla, NY. CB Richard Ellis' Frank Tomasulo arranged the 36,341s/f lease on behalf of GDC, one of the Tri-State Region's largest developers...
More than 120,000 s/f in new leases and renewals was signed at The Lincoln Building in the first quarter of 2004, with an aggregate rent value in excess of $25 million, says Brian Waterman, executive vice president, Newmark & Company Real Estate, the building's managing and leasing agent. ...
