Defense Technology Firm DRS Signs 10-Year Lease
With The Garibalid Group as their exclusive broker, defense technology firm DRS Technologies recently signed a 10 year lease for a 131,600-square-foot building at Redstone Gateway in Huntsville, according to Corporate Office Properties Trust in Maryland. DRS will occupy an existing 62,400-square-foot flex
Life Time Fitness Proposes REIT Spinoff
Life Time is the latest, but hardly the last, company with a real estate footprint to take advantage of the REIT structure. The company is considering converting its 112 fitness centers throughout the country into a REIT, though it gave little indication of when, how much or even if it planned to follow through.