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STONEHAM, MA-Archon Group sells a five-story building here on One Montvale Ave. to HUB Acquisition Trust for $9.2 million. The 97,777-sf building is 90% leased and is located on Routes 93 and 95 about 10 miles north of Boston.
WARREN, NJ-SJP Properties and Prudential's PRISA fund have jointly acquired the property from the troubled telecom company, which may vacate all or part of it.
ANAHEIM, CA-The ink's barely dry on a $1-million acquisition and the new buyer starts relocating from its longtime home in the City of Orange. Donco Associates & Sons is headed to a 12,233-sf industrial facility in Anaheim.
LA HABRA, CA-The vacant, 50,000-sf office building here is part of a mixed-use complex the investment and development company recently acquired from HMO Friendly Hills Medical Group. Options for the rest of the property are being studied.
WHITE PLAINS-Cushman & Wakefield reports that it has opened a Westchester office at 120 Bloomingdale Rd. here and has lured Glenn Walsh, formerly of Newmark & Company Real Estate, to head the office.
FREMONT, CA-The $9 million, four-lane thoroughfare is being constructed as part of the transportation demand management program required of Catellus as part of its development of Pacific Commons, an 840-acre, mixed-use project.
LOS ANGELES-The CBD's vacancy factor has dropped to 15.8% from 17% at mid-year, C&W says, as low rates continue to lure price-conscious tenants. Vacancies on tech-heavy Westside surge.
LONDON-London is still the number one location for business in Europe, according to the 2001 European Cities Monitor survey from Healey & Baker. Paris and Frankfurt also scored highly with international businesses.
LONDON-London is still the number one location for business in Europe, according to the 2001 European Cities Monitor survey from Healey & Baker. Paris and Frankfurt also scored highly with international businesses.
CHICAGO-Not-for-profit National Restaurant Association Educational Foundation takes space on the 15th floor of the renovated 175 W. Jackson Blvd., one of several recent West Loop deals involving Cushman & Wakefield brokers.