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LONDON-Mobile telecoms group T-Mobile has cancelled plans to sub-let a 68,000-sf building on Arlington's Hatfield business park in Hertfordshire. It will now occupy the building itself, bringing its total space on the site to 463,000 sf.
ATLANTA-Owner Primrose Properties LP of New York picks the local office of the Houston-based brokerage firm which leases and manages other Primrose assets across the country. Insignia previously had the Perimeter 400 Center contract.
ISSAQUAH, WA-The property includes 220,000 sf in eight buildings situated on 28 acres and two undeveloped six-acre parcels. The property is being offered first to academic users, and several that are seriously interested needed more time to complete their proposals, says the broker in the disposition.
MINNEAPOLIS-United Properties lands the assignment to find sites for the drug store retailer in Hennepin County, the largest county in the Twin Cities area that includes the city and its suburbs.
INDIANAPOLIS, IN-Principals of Indianapolis-based Meridian Real Estate have partnered with the founder of Concord Economic Development Services LLC to form Meridian Incentive Advisors Inc., which will identify, compare, advise and pursue economic development incentives for clients locally, nationally and internationally.
ST. LOUIS PARK, MN-The 200-plus-unit chain would build new stores, buy franchisees and retire debt through an offering that could attract up to $46 million.
PRINCETON, NJ-The 495,000-sf MXD moves from Praedium's portfolio into the hands the Gale Co. and GE Partners, who plan a major overhaul of the asset's retail component.
GARLAND, TX-Foley's has its Red Apple sale and Kmart has its Blue Light special. It's not desperate, but realistic, says a broker who's offering second-generation rates to get cash flow in hard times on 382,000 sf of industrial shell space that delivered in April.
TILLAMOOK, OR-Forum National Investments Ltd. of Vancouver, B.C., formerly known as inTRAVELnet.com Inc., signs a letter of intent to acquire the property for use as an eco-tourist destination resort for its 10,000-member Snowbird Vacations Travel Club.
OAKLAND, CA-A packaging company acquires a 90,000-sf metal building with surrounding yard space in Union City for $3.25 million and a home audio manufacturer pays $2.8 million for a 60,000-sf tilt-up warehouse in Hayward.