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BREA, CA-A June ground-breaking is scheduled for the $35-million Voit Brea Business Park. The developers say it will be the largest speculative industrial park to rise in Orange County in several years.
HOUSTON-It's shapiing up to be a stellar year in land sales, says an area broker. Some 7.3 acres alone have been sold in Cedar Creek Crossing Park. Activity could be the hardiest it's been in five years.
EMERYVILLE, CA-Despite the softening market, Wareham Development says it has completed seven lease deals totaling more than 67,500 sf at the two local developments.
DALLAS-A San Francisco-based law firm has selected Dallas for its 10th office worldwide. Sedgwick, Detert, Moran & Arnold has set up shop in 27,478 sf at Bank One, signing a 10-year lease for the premier CBD spot.
ATLANTA-The locally based provider of online property management supplies has a client roster in 2,600 locations in 43 states representing 404 million sf of commercial space. The value of Cushman's contract wasn't disclosed.
LAGUNA HILLS, CA-A string of mergers has dotted the commercial real estate landscape in recent months as companies seek new marketing synergies while avoiding the need to start new offices from scratch.
COPPELL, TX-Duke-Weeks' spec 116,000-sf Freeport V has its first tenant, a familiar face who wanted some room to expand. ThyssenKrupp Dover Elevator Co., a tenant in another Duke-Weeks' holding, is taking 25,000 SF.
HOUSTON-An ad agency's downsizing has sparked a tenant shuffle in the 25-story BHP Tower. McCann-Erickson has subleased its space, inked a bridge lease and a more permanent pact all for the same building.
VIENNA, VA -A sign of new life in the sluggish suburban office market, the national broadband networks provider inked a 10-year lease for space in a just-completed office tower in Fairview Park.
HOUSTON-An ad agency's downsizing has sparked a tenant shuffle in the 25-story BHP Tower. McCann-Erickson has subleased its space, inked a bridge lease and a more permanent pact all for the same building.