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RYE BROOK, NY-An official with Reckson Associates Realty Corp. says he expects that bankrupt telecommunications giant WorldCom could give back between 30,000 to 120,000 sf of space at its Rye Brook property as part of its company-wide facility consolidation plan.
WHITE PLAINS-Two local law firms and an engineering company have signed sublease deals with IBM at 44 Broadway in White Plains totaling 41,800 sf of space, according to Newmark & Company Real Estate.
WHITE PLAINS-Cappelli Enterprises Executive Vice President Bruce Berg says that the firm is progressing with construction and plans to meet its schedule for an Oct. 5, 2003 opening for the Target department store and several other retailers at its City Center at White Plains project here.
HARTFORD, CT-Officials with New York City-based Metropolitan Funding Corp. report that the lender has closed on a financial package worth $23.2 million for the construction and permanent financing of the Trumbull Centre rental apartment development here in downtown Hartford.
WATERFORD, CT-Officials with the Waterford Hotel Group Inc., report that the firm has signed two hotel management agreements with FFC Hospitality LLC to operate two of their Courtyard by Marriott hotels in Orange, CT. and Westborough, MA.
FAIRFIELD, CT-Colonial Realty of Fairfield officials report that the firm has brokered more than 255,000 sf in property sales transactions in Southwestern Connecticut.
NEWINGTON, CT-An entity of Ceres Realty Fund LLC of New York City has acquired a fully leased 66,639-sf retail building here at 3105 Berlin Turnpike for $4.25 million, according to CB Richard Ellis' Tri-State Investment team, which brokered the deal.
WHITE PLAINS-Reckson Associates Realty Corp. reports it has secured three lease deals totaling 28,932 sf at its office properties here in downtown White Plains.
WHITE PLAINS-Westchester County officials say they are in negotiations with Mack-Cali Realty about the development of a one million-sf biomedical park on 60 acres at the Grasslands complex in Valhalla.
STAMFORD, CT-XL Weather & Energy Inc., a services firm specializing in weather related cost containment, has nearly doubled its office space at 100 First Stamford Place here with a new lease deal totaling 18,540 sf.