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NORWOOD, MA-Two leases -- totaling 60,688 sf of flex space -- were signed here at 575 University Avenue. Those involved say the transactions speak to the continued strength of the industrial market in this area, 25 miles south of Boston.
PLANTATION, FL-Instead of doing its own inhouse leasing, the Tampa, FL-based office developer is going with C&W to fill the newly constructed Royal Palm at Southpointe office park in this Broward County community 24 miles north of Miami.
DALLAS-The lead tenant at Dallas' Centura Tower is bucking a sit-and-wait trend and following one market watcher's advice that now is the time to expand. Publicis Worldwide Communications Group has boosted its lease to 112,712 sf.
PARSIPPANY, NJ-The telecom giant's ongoing reorganization includes shedding some of its occupancies and assets, including the headquarters-quality 5 Woodhollow Rd. here.
OAKBROOK TERRACE, IL-The East-West Corridor is swamped with 2.4 million sf of sub-lease space and a 13.3% direct vacancy rate, according to U.S. Equities Research, Inc., but deals are getting done.
NAPA, CA-Thanks to plenty of available space and a solid credit rating, a subsidiary of Tyco International secures a below average lease rate on 10,500 sf at Panattoni Development's Napa Airport Center.
PHOENIX-The latest Cushman & Wakefield of Arizona report pegs office vacancy at 17.6%, up 4.5% from six months ago. By the fourth quarter close, most of the space will be absorbed, predict the experts in the region.
PHOENIX-The latest Cushman & Wakefield of Arizona report pegs office vacancy at 17.6%, up 4.5% from six months ago. By the fourth quarter close, most of the space will be absorbed, predict the experts in the region.
DENVER-About 650 business leaders, including commercial real estate leaders, say transportation is the No. 1 issue facing Downtown's continued success, ahead of the price of parking.
WARRENVILLE, IL-International Truck and Engine Corp. takes a 260,000-sf build-to-suit at the Cantera office park, while another 91,897 is available at Keystone at Cantera. Jones Lang LaSalle Development is involved in both deals.