Leasing

AUSTIN-In all, 11,776 sf is spoken for in a submarket with a 17.5% vacancy. Celite Systems, which already occupies 11,156 sf, took another 3,476 sf from Sun Microsystems at Lakewood on the Park.

ORLANDO-For the week ended June 15, Smith Travel Research shows the Orlando market down 2.8% from the same period in 2001, but ahead of nine other destination areas except New York and Chicago.

CYPRESS, CA-The manufacturing company inks a 62-month lease for industrial space at 6185 Phyllis Dr. The new tenant is joining current occupants Foxconn and GTECH in the facility.

WOODLAND HILLS, CA-The insurance company takes 30,000 sf of space in a Warner Center office park owned by the REIT. The move will combine and expand two existing claims offices in Woodland Hills and Ventura.

LONDON-New research from Catella shows prime West End rents have fallen 12% in six months. And the agent reports that the City market is off 8% over the same period.

NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.

SAN JOSE-Since United Artists' hasty departure two years ago, the Pavilion movie theaters in Downtown San Jose have been vacant. Now, the city and Cinelux theater chain will revive the 2,500-person space.

SCOTTSDALE, AZ-Koala Blu readies a 4,387-sf spot at the Scottsdale Horizon while furniture distributor, Steiner, heads into 3,907 sf at the Village at Prescott Gateway. The premier retail locations come with good neighbors.