Leasing

HOLMDEL, NJ—Utility company JCP&L will relocate its regional headquarters to the sprawling Bell Works site from 331 Newman Springs Road in Red Bank, when its lease there expires next year.

SOUTH FLORIDA—KLX Aerospace Solutions signed a 500,000-square-foot, build-to-suit lease for its new global headquarters and distribution hub for the second largest real estate transaction inked in South Florida this year.

NEW YORK CITY—The retail brokerage professional joins his new firm as an SVP.

CHICAGO—The Missner Group just bought the former Porsche HQ in Lisle for a song, but the economic recovery means such deals are now rare.

ATLANTA—Atlanta's office market is booming. So why so little speculative development?

EW YORK CITY—Experts who've developed such projects—or are doing so—attempted to answer this $64,000 question late last week during a panel discussion at CREW Network's national meeting here.

In any real estate deal there are so many issues to consider and manage to make sure that every step of the transaction goes smoothly. You likely know…

CHICAGO—The market has very little land available, but demand for modern distribution space remains quite intense.