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BOSTON-Trinity Financial Inc. relocates to 40 Court St. The real estate development firm is moving from Golf Street to this 12-story 115,000-sf building owned by Paradigm Properties located in the heart of the city's financial district.
VALENCIA, CA-Deluxe Media Services inks what Insignia brokers describe as the largest lease here in a year. The pact provides a consolidation site in a development with 1.5 million sf leased to the entertainment industry.
ATLANTA-Older Class C multifamily properties in Atlanta suburbs continue to sell quickly as indicated by the $7.15 million sale of the 264-unit, 321,216-sf, 35-year-old Morrowood Townhouse Apartments in Morrow, GA to Jamco Properties Inc.
CAMBRIDGE, MA-Citigate Cunningham leases 8,778 sf at One Memorial Dr., a 17-story building owned by Equity Office. The public relations agency is relocating within the building to a higher floor in a sublease deal from PA Consulting.
ATLANTA-Locally based Advantis Real Estate Services Co. prepares for a turnaround in the soft office market as it plans to hire several brokers this year with experience in office leasing and investment sales. Nelson will be executive director and regional director of corporate services.
N. RICHLAND HILLS, TX-Realty Capital's president found the 5.7 acres during a lunchtime scouting expedition. The purchase is done, the clean-up crew is working and the architect is drawing. But, ground likely won't break until 2004.
CHICAGO, IL-A 30,700-sf plant in Melrose Park has been acquired for less than $30 per sf for redevelopment by Hoffman Estates-based The Crown Group. Also, Golden Foods Inc. pays $45 per sf for a Bensenville building, while Eclipse Lighting pays $44 per sf in Schiller Park.
DENVER-The March snowstorm that dumped buckets of snow on the Denver area lead to empty buckets at area casinos as March numbers show a 10% drop in revenues.