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WASHINGTON, DC-The District's arts scene is about to get a big boost with the expansion of the Shakespeare Theatre's facilities to include a new $77-million, 800-seat theater.
BOSTON-Arnold Worldwide Partners renews for 190,000 sf at 101 Huntington Ave. The 510,000-sf office tower is part of the Prudential Center, a complex owned by Boston Properties that consists of 2.6 million sf of office space.
LONDON-Morgan Stanley and Simon Glick have increased their bid for Canary Wharf Group to 265p a share, effectively valuing the company at pounds 1.5 billion ($2.66 billion).
VANCOUVER, WA-The developer of the 11-story office, condominium and retail building here expects its first tenant to occupy it in March. No leases have yet been signed for the 110,000 sf of office space, but negotiations are under way for 40% of the space.
SAN FRANCISCO-Newport Capital Advisors hires Grubb & Ellis to flip 44 properties spread all over California that it is acquiring from State Farm Automobile Insurance.
BALTIMORE-The historic 400 block of West Baltimore St. is in for a major makeover with David S. Brown Enterprises' and A&R Development Corp.'s recent commitment to come aboard as the redevelopment team.
DALLAS-Capstone Underwriters inks a seven-year lease for 6,797 sf at Amberton Tower, where brokers' aggressive and creative talking in four transactions has more than half filled a 63,000-sf block emptied a year ago.
NEW YORK CITY-Proving once again that law firms are currently driving demand in the marketplace, a general practice firm re-ups for 24,000 sf at 110 East 59th St. The firm has been in its Park Avenue home for 20 years.