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SEATTLE, WA-Over the last few months, experts have been predicting that economic recovery from the recession could begin as early as the second quarter. For the landlords of Puget Sound's offices, where vacancies continue to rise, it won't come soon enough.
SCOTTSDALE, AZ-American Reliable Insurance is following the forecasters' advice and staying put at Scottsdale Executive Park II. The five-year lease is crafted by a Cushman & Wakefield of Arizona three-broker team.
GLENDALE, AZ-Asset Management Outsourcing likes its 6,026-sf home in the 202,000-sf class B suburban office building in Glendale. The 28-year-old building, owned by a Phoenix limited liability company, is 80% occupied.
EVERETT, WA-Panattoni Development Co. contracts to purchase 37 acres at Seaway Center. The company plans to build five to six buildings totaling 600,000 sf of industrial space. The sale price was not disclosed.
HOUSTON-Crescent names a new senior property manager for more than one million sf at the Three and Four Westlake towers in the Energy Corridor. C&W in Houston taps its Austin operation 's valuation services group for a new team player.
NEW YORK CITY-Crown Properties says its decision to replace Jones Lang LaSalle with Cushman & Wakefield as leasing agent for 61 Broadway demonstrates a new determination among Downtown building owners to stay one step ahead of the game.
PORTLAND- Tom Usher, a senior director with Cushman & Wakefield, tells GlobeSt.com that he sees vacancy holding flat through mid-year. He also sees activity picking up, reiterating what many brokers around town have been telling GlobeSt.com since late January.
PORTLAND- Tom Usher, a senior director with Cushman & Wakefield, tells GlobeSt.com that he sees vacancy holding flat through mid-year. He also sees activity picking up, reiterating what many brokers around town have been telling GlobeSt.com since late January.
PORTLAND- Tom Usher, a senior director with Cushman & Wakefield, tells GlobeSt.com that he sees vacancy holding flat through mid-year. He also sees activity picking up, reiterating what many brokers around town have been telling GlobeSt.com since late January.