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NEW YORK CITY-One day after the World Trade Center went from monument to memorial status, a real estate firm is scouting "several million" sf of space on behalf of clients whose offices were destroyed in the terrorist attack.
PALM BEACH, FL-Cushman & Wakefield of Florida found the contiguous space after the property owner persuaded the existing tenant to relocate after the business had just signed a 10-year lease. Palm Beach is 69 miles north of Miami.
TROUTDALE, OR-Ramona Barinaga Harrington, a broker with Cushman & Wakefield in Portland, is taking on the marketing assignment for 22 acres west of McMenamins Edgefield owned by the nonprofit Children's Land Trust. The goal is a unique services campus for children.
BOSTON-Clark & Elbing relocates its offices from 176 Federal St. downtown to 101 Federal Street. The local law firm's practice is growing and the down-the-block move provides the company with an additional 6,500 sf of space.
LOS ANGELES-Although terms of the two-year sublease were not disclosed, industry sources estimate the deal to be worth more than $1.3 million. The transaction involves creative office space in West Los Angeles.
CHICAGO-Cushman & Wakefield reports north suburban Lake County is seeing an increase in deals involving users, boosting sales prices above replacement costs. The east O'Hare market also is holding up well.
MARLBOROUGH, MA-The commercial real estate market along Route 495 takes a turn for the worse as a number of major firms look to get rid of large chunks of their properties in this area. The vacancy rate here has risen 3% in a few months.
CHICAGO-Cushman & Wakefield reports north suburban Lake County is seeing an increase in deals involving users, boosting sales prices above replacement costs. The east O'Hare market also is holding up well.