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NEW YORK CITY-With speculation already running high that Cushman & Wakefield and Cushman Realty are talking merger, the announcement of an official C&W press conference has led many to believe it's a done deal.

NEW YORK CITY-With speculation already running high that Cushman & Wakefield and Cushman Realty are talking merger, the announcement of an official C&W press conference has led many to believe it's a done deal.

MIAMI LAKES, FL-The subsidiary of Cordis Corp., a Johnson & Johnson company, renews its lease on 29,400 sf and adds another 29,755 sf to its R&D and warehouse-distribution operation in this suburb, 11 miles north of Miami.

GLENDALE HEIGHTS, IL-Graybar Electric Co. signs a two-year lease for 27,000 sf at 800-850 Regency Drive here while Material Handling Services signs a five-year lease for 8,256 sf at 1700 W. Hawthorne Lane in West Chicago.

HOUSTON-A Houston investor has acquired a 9,792-sf building near Sharpstown Mall, where plans are afoot to open a cosmetology school. There's a growing trend to buy instead of lease commercial sites in the small office market.

IRVINE, CA-The latest numbers released by Cushman Realty show that net absorption of class A and B office space turned negative, while vacancy rates rose due to companies feeling the pinch.

IRVINE, CA-The latest numbers released by Cushman Realty show that net absorption of class A and B office space turned negative, while vacancy rates rose due to companies feeling the pinch.

PHOENIX-An area of the Valley that has been the most active for office development during the past two years is getting yet another speculative project.