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ATLANTA-The Palm Desert, CA-based insurance firm is moving its headquarters to the city but will keep a West Coast office in California. The company is leasing 16,546 sf for an estimated 10 years, brokers in a position to know tell GlobeSt.com.
SEATTLE-The New York-based retirement fund TIAA-CREF pays $348 million for the 40-story, three-year-old Downtown office building here as part of a $1.47-billion five-property acquisition from National Office Partners, a limited partnership of Texas-based Hines and the California Public Employees Retirement System.
CORAL GABLES, FL-In April, the service provider to Latin American networks moves to 2525 Ponce de Leon, ensuring the new building will open 50% preleased. The class A asking rental rate Downtown approaches $30 per sf.
DENVER-RE/MAX International founder Dave Liniger and associates will build a 250,000-sf headquarters at the northwest corner of Belleview Avenue and Interstate 25, the northern entrance to the Tech Center.
NORWALK, CT-In a move that will consolidate operations housed in four office locations in Fairfield County, the Interpublic Group of Companies, a major advertising and marketing services firm, has signed a lease for 110,000 sf of space.
HOUSTON-Skyline Deli lands 3,000 sf of first-floor space in the 33-story tower, a single opening that was hotly chased by restaurateurs since it's the only opening of its type in the building. The deli will open in April.
CAMBRIDGE, MA-The 670,00-sf two-tower office property fetches an estimated $175 million. The office park is may be part of a larger portfolio acquisition for the Chicago-based Rreef.
WELLESLEY, MA-National Office Partners purchases Harvard Pilgrim Health headquarters for $70 million. The 270,000-sf property goes for a near record price-per-sf record.