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HOUSTON-H. Dean Lane, Jr., one of the city's top retail brokers has left Boyd Page for NewQuest Properties to direct the firm's retail brokerage division.
DALLAS-Park Central 7 gets the new name on the office directory in a five-year lease for 10,000 sf. Twin Towers corners a two-year extension for 8,355 sf and a 62-month sister deal for 2,738 sf in a package valued at $409,000.
CINNAMINSON, NJ-With preliminary site plan approval in hand, the developer expects to start work on the 148-unit first phase of the project later this year.
GLEN ALLEN, VA-Saxon Mortgage Services Inc. didn't venture far from home in its search for a new headquarters. The company is relocating to a 33,000-sf space in a building near its current home in the Innsbrook Corporate Center.
BALTIMORE-The Emerging Technology Center @ Johns Hopkins Eastern readies for its fall debut as local officials observe the final leg of development of the 45,000-sf incubator. The third such incubator in the city will cost $6.7 million to complete.
LONDON-Average property yields are moving in again, according to the latest research from CB Hillier Parker. High street shop and industrial yields firmed over the second quarter of 2003 while all other sectors were static.
BOCA RATON-Andy Petry has been named senior vice president and director of leasing services in the company's office here, reuniting him with a former co-worker, Jonathan Kingsley. Previously, Petry was senior vice president of Trammell Crow Co.
LONDON-Canary Wharf confirmed today that it has received bid approaches. The Canadian Brascan Corporation has been building a stake in the company lately, but a bid from the management team is also a possibility.
ATLANTA-Bank of America and Wachovia head a consortium that will provide operating funds to the second largest bedding and towels manufacturer in the U.S. The firm occupies an estimated 8.2 million sf of plant and distribution space in 49 markets.