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SHELTON, CT-Inrange Technologies has sold its property at 1 Waterview Dr. here for $5.5 million to a New Jersey-based real estate investment firm. The building totals 92,000 sf of space.
NEW YORK CITY-This signing brings occupancy in the 324,000-sf property to more than 50%. Cushman& Wakefield expect to lease up 10% of what's left before the building opens in the next 45 days.
WASHINGTON, DC-Zethus' online leasing and property management tools, scheduled to launch by June and backed by the Goldman Sachs Group, are aimed at tenants, owners and managers of commercial real estate.
HOUSTON-Signs are that it's going to be a hardy year for the city's industrial market, particularly in the northwest corridor. A 300,000-sf bulk warehouse distribution center is just one of several projects that's clearly a trickle-down effect from a new air cargo facility.
SAN FRANCISCO-Two local development companies have submitted preliminary proposals to the city in hope of developing this city's 403-acre Treasure Island. Both companies plan to transform the former military base into a hub of retail, residential and entertainment activity.
DALLAS-Come to Dallas, the land of plenty, says Lazarus Property Co.'s Sam Ware, who has a team hawking Elm Place space in power-strapped California. Ware's not alone in his P.T. Barnum strategy.
ROSEMONT, IL-Five industrial property sales totaling more than 200,000 sf are closed recently by Colliers Bennett & Kahnweiler Inc. The value of the transactions were nearly $4 million.
WHITE PLAINS-Reuters America Information Management Group's plans to relocate its Stamford, CT operations to 40,000 sf at 44 South Broadway lend credence to claims that Westchester County's rental rates were aggressively competitive versus those in Fairfield County.
WHITE PLAINS-The new owner of 297 Knollwood Rd. reports that three recent lease deals have brought the 35,000 sf office building to nearly full occupancy. The largest lease is with an information technology company.