EXTON, PA-The cable TV giant inks a long-term lease for 13,425 sf in the 81,400-sf class A office building at One E. Uwchlan Ave. The asking rental rate in the building is $21.50 per sf.

BOSTON-As direct office vacancy Downtown dips below 10% for the first time since 2002, the average asking rent rate rises to $35.04 per sf, and some high-rise class A space reaches close to $60 per sf.

PLYMOUTH MEETING, PA-Ikea is building a headquarters on four acres it acquired adjacent to its Conshohocken store. PREIT is buying the existing Ikea headquarters here for its lifestyle expansion of Plymouth Meeting Mall.

PLYMOUTH MEETING, PA-Ikea is building a headquarters on four acres it acquired adjacent to its Conshohocken store. PREIT is buying the existing Ikea headquarters here for its lifestyle expansion of Plymouth Meeting Mall.

PLYMOUTH MEETING, PA-Ikea is building a headquarters on four acres it acquired adjacent to its Conshohocken store.

SUNNY ISLES BEACH, FL-This funding for Towers II and III of the 813-unit condo development follows a $150.5-million loan, provided in September 2005, for Tower I. All three towers are scheduled for completion in fall 2007.

SUNNY ISLES BEACH, FL-This funding for Towers II and III of the 813-unit condo development follows a $150.5-million loan, provided in September 2005, for Tower I. All three towers are scheduled for completion in fall 2007.

FORT LAUDERDALE, FL-The 137,935-sf class B office building on Cypress Creek Road is the first acquisition by the Praedium/Mainstreet Capital JV, which plans to buy one million sf in South Florida within a year.