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GAITHERSBURG, MD-Surgi-Vision Inc. is the newest tenant at 20 Firstfield Rd. The firm is leasing 18,000 sf for its company headquarters and research and development center. Alexander Real Estate of Pasadena, CA owns the 54,000-sf building.
HARRISON, NY-Texaco's decision to abandon its corporate headquarters here if its merger with Chevron is approved was not a shock to most in the brokerage field. In fact, most said the news was not as devastating as one might think.
MONROE TWP., NJ-Distribution space, available as a sublet, is one of the few spaces of its size in an industrial market and geographical location that remains tight as a drum.
DENVER-First Industrial Realty Trust has snagged a couple of good buys, paying replacement cost or less for Commerce Square and Parkway Point. The aggregate 234,683 sf brings $16.7 million for the seller.
FAIRFIELD, CT-Blackrock Realty LLC of Stamford has closed on the $5.9 million purchase of a 35.5 acre site here where it proposes to build a $250-million, 1.3-million sf commercial complex and a new Metro North train station.
WASHINGTON, DC-The Corporate Executive Board is the newest tenant to sign up for 1857 K St., NW, a 170,000-sf office building set to open January 2002. The firm is renting 30,731 sf.
DENVER-Colorado will experience a slight slowdown, but its growth will still outpace the national economy, says the state budget director. The state's not immune, but economic indicators are strong enough to weather a storm.