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NEW YORK CITY-Building owner Swig Burris Equities LLC has leased 13,650 sf to Wall Street Planning, an affiliate of Metropolitan Life Insurance Co., and 4,625 sf to technology consulting firm Buchanan Associates.
PORTLAND-As work progresses on its new 80,000-sf building at Southshore Corporate Park, Frito Lay unloads for $1.25 million a 15,000-sf building on 14 acres near the Parkrose Business Center. The buyer, Capital Electric Co., will take over the building after Frito Lay moves into its new facility later this year.
PHILADELPHIA-The financial services firm extends its stay at the 1.2 million-sf office tower with a long-term lease and will occupy an additional 4,000 sf at the trophy building.
HOUSTON-Indital US acquires a 55,000-sf industrial facility with a dual-pronged purpose: manufacturing its Italian architectural forged steel components and distribution. The firm will relocate from two leased sites.
DENVER-Industrial broker Alex Ringsby, the youngest ever Cushman & Wakefield director, leaves to head Ringsby Real Estate Corp. and a firm involving his father, which owns 19 trucking-related properties.
SAN FRANCISCO-By the end of this year, San Francisco office rates will be similar to those in Oakland, and the market will continue to look glum through 2003, say industry experts.
NEW YORK CITY-The firm signs up independent real estate concerns in six industrial-heavy markets. Each participating company will be branded a "Member of the Cushman & Wakefield Alliance.
MT. LAUREL, NJ-Virtua West Jersey will move to the Archon Group's Gateway Business Center from its existing Marlton, NJ offices. Cushman & Wakefield represented the tenant.
ORLANDO-Area brokers, developers and constructors tell GlobeSt.com they expect tenants who need to be Downtown to remain there, even with the growth of new telecommunications tools.