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HOUSTON-Willowbrook Business Center is adding Compaq Computer to its tenant roster. The corporation has signed for a 26,880-sf spot in a 38,400-sf warehouse owned by Willowbrook Business Center LP.
LOS ANGELES-As other commercial real estate markets struggle with the cooling of the national economy, LA County's multifamily sector is still performing strongly.
HOUSTON-Schlumberger Omnes and the law firm of Gay & Reitz have sealed leases for new offices. One heads to Geoquest Center and the other to the Gemini Building in southeast Houston. In all, 24,340 sf has been taken.
LONG BEACH, CA-A multifamily complex here has secured $6-million in financing from Chicago-based Capri Capital. Rent rates in SoCal increased on average 12.5% over the last year, where occupancy is now at 98.1%
LOS ANGELES-With Downtown Los Angeles office market beginning to bounce back, more than 200,000 sf of office space has opened up in Downtown's Los Angeles Center Studios.
HOUSTON-A new tenant has moved into 36,600 sf at ComTech Center in the city's midtown section while another tenant has grabbed 28,511 sf at Loop Central One. The buildings rent for $18.50 per sf and $18 per sf, respectively.
PALO ALTO, CA-In the face of an economic downturn, Credit First Suisse Boston's full service brokerage division has just opened an office. It's about client service, says CFSB, and clients need services in good times and bad.
NEW YORK CITY-As expected, Cushman & Wakefield's press conference at noon today (April 9) was to officially announce the merger with Cushman Realty Corp. Twin brothers John and Louis Cushman both called it a homecoming.