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JOLIET, IL-A location near Interstates 55 and 80, as well as the CenterPoint Intermodal Center being built in nearby Elwood, IL, make a building at 1695 Crossroads Dr. the St. Louis-based distribution company's top choice.
HOUSTON-Central United Life Insurance seals an 8,830-sf deal for 2727 Allen Parkway, a 416,685-sf structure on the edge of Houston's CBD. In a smaller lease, Equitable Investment relocates to a Westheimer building.
HOUSTON-Cushman & Wakefield of Texas' Houston office walks away with multiple honors from corporate. The 30-broker team places second in the nation while seven on the staff make the Top 100. Vice chairman Tim D. Relyea pulls a Top 10 slot.
LOS ANGELES-For the entire LA County, overall vacancy rates measured 4.3%, which means 43.9 million sf stands available for lease%, according to a first quarter 2002 report by Cushman & Wakefield. Leasing activity year-to-date is 5.3 million sf.
NEW YORK CITY-The PA puts out a call for design guidelines for Lower Manhattan while officially taking the reins of the Lower Manhattan Development Corp., the organization originally formed to oversee the Downtown redevelopment process.
NORWOOD, MA-$13.2 million in permanent financing has been arranged for Norwood Park South office park, a three-building, 147,000 sf office complex. Principal Capital provided the funding on behalf of ND Norwood Park South LLC.
NEW YORK CITY-The PA puts out a call for design guidelines for Lower Manhattan while officially taking the reins of the Lower Manhattan Development Corp., the organization originally formed to oversee the Downtown redevelopment process.
ORLANDO-Depending on which brokerage's statistics are used, one scenario is clear: vacancies are heading higher in every category. First-quarter office is either at 15.5% or 18.7%; industrial, 9.6%; bulk distribution, 14.94%; and service center/flex, 16.74%.
DEER PARK, TX-Bechtel Equipment Operations will be moving into a suburban office/warehouse positioned on 2 1/2 acres in Deer Park, a growing industrial town positioned 20 miles southwest of Houston.
DALLAS-A three-year, floating-rate loan is secured for a North Dallas office tower. The 16-story, 253,7112-sf building is 96.6% leased, a feat in today's office market and higher than its submarket's average.