Search Results

EAST RUTHERFORD, NJ-The sale of a South Jersey office portfolio and a rash of lease transactions by broker's Garden State offices ends "double-zero" pretty much as it began--with a high level of deal-making activity.

STAMFORD, CT-Dan Mambrino of the Cushman & Wakefield office here has negotiated the sale of 423 acres comprised of industrial space and open land for Miller Brewing Co.

DENVER-TCI has reaped $22.5 million for a decade-long investment in the 240,000-sf Terrace Tower II. The building's sale had been quietly slipped into year-end deals, with Maier & Siebel paying $37.5 million for the property.

STAMFORD, CT-The 482,852-sf International Paper Building has been sold for $105 million to 400 Atlantic Associates LLC, a partnership of three separate companies. International Paper will then lease space on four floors of the building.

LOS ANGELES-Privately held Mani Brothers Real Estate acquires landmark high-rise, home of several entertainment-related tenants.

HOUSTON-Cushman & Wakefield's Houston office is putting up a finder's fee to locate a tenant for the vacant JC Penney's at Northwest Mall. A Feb. 14 deadline looms for the new BMW and $50,000 in the race to fill the space.

SEATTLE, WA-A bright spot is Downtown Bellevue, site of four new office buildings in 2000, with 12 others in the works totaling some two million sf. The Downtown vacancy rate there is between 2.1% and 2.6%.

TROY, MI-This Motown suburb ranks third in office space in the Southeast Michigan market, just behind Detroit and Southfield, at 11.9 million sf. Nonetheless, the submarket boasts a 6.1% vacancy rate.