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DALLAS-Cushman & Wakefield Inc. has named its long-time Texas star, Robert T. Edge, to a vice-chairman post. Edge, a man in-the-know, says it's time lenders forget the past and ease up on pre-leasing requirements for new projects so Texas can go about its business.
LOS ANGELES-Analysts say New Jersey REIT's acquisition of the giant wholesale complex Downtown could benefit its tenants, citing Vornado's nationwide presence and massive marketing budget.
DALLAS-Qwest Communications, a telecommunications giant, and rising star Sphera Optical Networks join the tenant clique at Dallas ComCenter. Both firms are taking 10-year leases at the CBD telecom hotel.
ORANGE COUNTY, CA-LeadersOnline Inc., an Internet-based, global executive search firm, is moving its corporate headquarters to Aliso Viejo early next year.<p>
NEW YORK CITY-RFR also acquired the property's master lease from Thomson Financial, and signed a long-term re-lease with Forbes, Inc. Rents range up to $50 per sf.
STAMFORD, CT-Westchester County's office market continued to improve in the third quarter with the overall vacancy rate dropping more than 2% from last year, according to Cushman & Wakefield of Connecticut.
DENVER-The city's southwest submarket is no longer a dark horse in the development race. It's clearly emerging as a hotspot, says a Cushman & Wakefield Inc. broker who has just completed an analysis of the region.