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ARLINGTON, VA-Virginia Square Plaza, a 160,000-sf class A office property, hits the market and brings in an impressive $52 million from Principal Financial Group.
PARSIPPANY, NJ-The availability at the 204,000-sf 2 Cranberry Rd. is comprised of five separate units that can be packaged as one contiguous space for a large user.
NEW YORK CITY-The interim PATH station that took commuters into the World Trade Center site before being destroyed in the terror attacks, is a month ahead of schedule and should be up and running for commuter travel in a month.
HOUSTON-GE Business Asset Funding of Bellevue, WA acquires Mustang Engineering's 219,166-sf, two-building complex in the Park Ten area, getting a 12-year tenant with the capital outlay.
ATLANTA-Insignia/ESG loses two professionals as John C. Brown moves to Marcus & Millichap, and Tracy Ridgeway joins Advantis/GVA as a director. Lisa Robinson, of Carter & Associates, relocates to Transwestern Commercial Services as vice president of marketing.
CHICAGO-The city is willing to sell a 24,000-sf vacant lot at the southeast corner of North Avenue and Pulaski Road for $507,000 to a developer willing to build up to 50,000-sf of commercial space there.
TULSA, OK-Eighteen tenant-in-common investors acquire Union Pines, a class A property here that was 100% leased at the time of sale. Kennedy Associates Real Estate Council sold the property on behalf of Stanford University's Endowment Fund.
PHOENIX-A California dialysis products supplier spends $2.4 million for a two-building, 107,000-sf office/warehouse complex in the southwest submarket to set up a regional headquarters and production facility in a rail-served building.
LONDON-In spite of what may appear a golden opportunity for business activity at Bristol's international airport, there are a number of planning and access hurdles that need to be cleared according to King Sturge.
NEW YORK CITY-A fixture in Midtown South for more than 20 years, Beyer Blinder Belle Architects & Planners LLP signs a 20,000 sf lease renewal and adds on 20,000 sf more for expansion space.