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PHOENIX-In a trio of leases, the entire 11th floor has been filled at the 222,000-sf 2700 N. Central, a 15-story office tower. Compupay Inc., Internet Institute USA and Logical Inc. are joining the tenant roster, signing for a combined 14,800 sf.
NEW YORK CITY-A half block away from Grand Central Station, the 22-story office building will undergo major renovations that are expected to result in substantial increases in revenue as leases expire. Rents are now less than $30 per sf, well below average.
HOUSTON-Eight of the city's 16 submarkets are reflecting negative absorption, according to the latest Cushman & Wakefield of Texas accounting. The leaders are in the northwest. The soft market has yet to hit rental rates.
NEW YORK CITY-An array of commercial real estate professionals met yesterday to discuss the Toronto office market, referred to by one speaker as "the New York of the North.
WALNUT CREEK, CA-Roger Gage, a Senior Vice President with Cushman Realty Corp., has been elected Associate Chairman of the International Development Research Council, the world's leading professional association for corporate real estate executives, service providers and economic developers.
NEW YORK CITY-An array of commercial real estate professionals met yesterday to discuss the Toronto office market, referred to by one speaker as "the New York of the North.
DENVER-A five-story, 117,305-sf building in the Midtown submarket is bought by attorney Alan Dill, who has been a tenant in the 17,000-sf building for more than 10 years for about 22% below replacement cost.
PARSIPPANY, NJ-The two deals, one a straight lease and the other a sublease, are the result of the Chicago-based company's acquisition of BASF's Knoll Pharmaceutical division.
NEW YORK CITY-An array of commercial real estate professionals met yesterday to discuss the Toronto office market, referred to by one speaker as "the New York of the North.
LOS ANGELES-The 100% occupied office complex sells to two limited liability corporations. The seller, Newport Beach-based CT Realty Corp., acquired the office complex in November 1999 from the Government of Singapore.