The consumer products company reported that Newell Brands has decided to move its corporate headquarters to the Atlanta area “in order to facilitate a stronger connection between senior leaders and the operations of the business, and to enhance the company’s culture and sense of community.”
Triple Five, which is developing the approximately 3-million-square-foot American Dream shopping center announced the lease signing with IT’S SUGAR, a member of BBX Capital Corp. family of companies.
Andrew Mathias, president and director of the firm, said on its second quarter call that the second quarter was another strong quarter and points out that the REIT is fully executing on a plan to drive value across its portfolio.
The Home Depot, following 20 years at this site, recently exercised its first 10-year renewal option, demonstrating its long-term commitment to the property, CBRE states.
The division of Health Care Service Corp. reports it is expanding its operations and has signed a lease for nearly 130,000 square feet of space at the Marshfield Plaza Building at 1119th St. and Marshfield Ave.
Striking Distance Studios’ goal was to locate space that would allow it to create a high-caliber game studio with desirable amenities in a central location in the Bay Area, said its broker, Madeline Serafin of Realmark.
The deal follows last week’s sale of 99 Greenwich Ave. by Midwood Investment & Development. The nearly 11,000-square-foot retail property triple-net leased to CVS through January 2038 was acquired by an institutional investor for $30 million.