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ROCKVILLE, MD-TA Associates Realty picks up the four-building, 185,000-sf Montrose Office Park for its portfolio in a deal with seller Glenborough Realty Trust.
AVONDALE, AZ-Universal Technical Institute, one of the nation's leading automotive technical education training firms, breaks ground Thursday on a 25-acre campus tied to a 20-year lease. In mid-2004, the school will shift the main campus from Phoenix.
VIRGINIA BEACH, VA-There's another restaurant on the menu at the 1.8 million-sf mixed-use development known as the Town Center of Virginia Beach, with the Cheesecake Factory's 20-year lease of nearly 12,000 sf.
BOCA RATON, FL-Boca Executive Center and GMAC Commercial Holdings Capital Corp. have moved into more than 20,000 sf combined in the 128,000-sf, four-story, class A office building. The leases are estimated to be worth more than $3.1 million.
HOUSTON-Transwestern Commercial Services wins the contracts for Westbridge One, a 103,835-sf, class A office building sold about three months ago. Three other brokerage houses were vying for the pacts to an 81%-leased structure on the west side of town.
ATLANTA-Local restaurateurs Steve Fuller and Hans Schiller sign a 15-year, 20,000-sf lease at developer Richard Bowers' Southern Company Center building at Peachtree and Baker Streets in the north end of the central business district.
NEWPORT BEACH, CA-McCarthy Building Cos. Inc. will oversee the improvement projects at 28 district buildings beginning next month. It is involved in similar projects in nine other Orange County districts.<p>
LOS ANGELES-For nearly 10 years, the landmark 22-story office tower on Wilshire Boulevard that was once headquarters to the Getty Oil Co. sat vacant. That all changed this week, however, when Upside Investments purchased the property for $21 million and began working on an ambitious $31 million plan to turn it into luxury apartments and an upscale retail center. <p>