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NEW YORK CITY-Ovid Technologies Inc. has re-upped for 37,500 sf at 333 Seventh Ave. The medical information services provider signed a 12-year lease for the entire 19th, 20th and 21st floors.
IRVINE, CA-The publicly held mortgage lender and financial services firm, which specializes in multifamily lending, establishes Commercial Capital Asset Management Inc., a wholly owned asset management subsidiary.
DALLAS-The Dallas company adds offices in Houston, Midland and Grand Prairie in a quiet expansion. A private REIT's appetite for Texas drives two of the three openings, a surefire sign that more offices will be coming.
CAMBRIDGE, MA-In a deal that is indicative of the kinds of moves tenants are making in the current market, NaviMedix leases 43,400 sf of office space at 8 Cambridge Center. The company is subleasing space from Novell.
PORTLAND-The estimated $15-million transaction for the landmark hotel and connected office building is in escrow and expected to close this fall. The buyer, Marty Kehoe of Kehoe Development, tells GlobeSt.com he may or may not take on investment partners and may or may not break up the two properties and re-trade one of them.
LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme
MOUNTAIN LAKES, NJ-The buyer, North Jersey Development Group, has been on an aggressive buying spree. The deal, which was arranged by C&W, bumps the new owner's portfolio up to 1.6 million sf.
CHANDLER, AZ-An offer of $55 per sf or $5 less than the original asking price delivers the keys to 7100 W. Erie St. A local buyer and local seller close the deal to take the building from plastics manufacturing to an engine parts refurbishing site.
LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme
MESA, AZ-Set on 23 acres, the five-building, 96,028-sf campus gets its "15 minutes of fame" because it is home to the largest compressed natural gas facility in the US. The project includes a 21,000-sf office and operations building.