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DALLAS-The leasing market is making some headway, says a ProLogis vice president who closed four "bread and butter" deals in a back-to-back leasing flurry. The long-term industrial pacts shore up space north and south of Dallas.
BOSTON-Jim Thomson, formerly of Grubb & Ellis, switches to Cushman & Wakefield, bringing his team. The move is the latest in a series of local real estate defections.
NEW YORK CITY-A newly formed Cushman & Wakefield team is set to broaden the firm's multifamily valuation and appraisal service initiatives on a national basis. The company hopes to capitalize on soft economic conditions, predicting multifamily advisory revenues of $10 million by 2004.
LOS ANGELES-Irvine-based eBuilt, a software development and system integration firm catering to Fortune 500 companies, has subleased 9,600 sf of its former 12,100-sf San Fernando Valley regional office in North Hollywood to two separate subtenants, in transactions valued at $700,000.
SEATTLE-In another West Coast coup for Insignia/ESG, Kidder Mathews Segner, one of the Puget Sound's top commercial real estate services firms, drops its affiliation with Oncor International in favor of one with Insignia. A press conference is scheduled for later this morning at the Four Seasons Hotel.
NEW YORK CITY-The city-state partnership dedicated to overseeing the redevelopment of Lower Manhattan adds five committees, each charged with gathering input on a different aspect of Downtown revitalization.
PHOENIX-Robert J. Burnand Jr. is now a director for Insignia/ESG's Arizona region. The 23-year veteran becomes the 10th member of the capital advisors group in his move from Cushman & Wakefield of Arizona's financial services group.
MIRAMAR, FL-A division of Pearson Education will use the space for a new scoring center on Lakeside Drive in Miramar, FL, 20 miles north of Downtown Miami. Liberty Property trust owns the building.
TOLLESON, AZ-Continental Pet finds just what it wanted: a large distribution spot close to its manufacturing location in Tolleson. Just two doors down, 121,619 sf opened up when Wal-Mart said goodbye. The signing brought an immediate move-in.
DENVER-Siemens Building Technologies will initially lease 33,386 sf, more than half of the one-story building in the Ken Caryl Business Center in southwest Jefferson County as workers from four divisions move in.