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FRANKLIN TWP., NJ-Aiming to take advantage of the state's new push for research and medical education, the developer has set its sights on related companies to occupy the raw space.
BROOKLYN, NY-It's all a strategy to preserve the city's commercial tenant base, says Deputy Mayor Dan Doctoroff. But it will cost some $100 million in infrastructure improvements alone.
SAN DIMAS, CA-With Phase I now opened, Marketplace Properties of Tustin expects to start demolition before the end of the month on a second phase to the San Dimas Town Center. Some buildings will stay and some will go under the redevelopment plan.
BOSTON-The city hits number four in the rankings of apartment markets, according to the National Apartment Index. Boston was at number nine last year, and the report attributes the city's rise to expectations for job growth, limited new construction and relatively low vacancy rates.
RICHARDSON, TX-Wells Fargo takes the first step to take back the Omni Richardson Hotel from a Houston company. A new management team is in place and a receiver is scrutinizing fiscal records while talks begin to save the Omni flag.
CHICAGO-Chicago Mercantile Exchange gets its own address at the two-million-sf, two-tower building that backs up to the Chicago River. Equity Office Properties Trust will update the building lobbies and retail space.
SAN DIEGO-Locally based BRE Commercial/NAI has added two more brokers to its UTC office, as Bryce Aberg and Robert E. Zolezzi have joined the firm. The two new hires mark the latest additions to BRE Commercial's San Diego presence.
DALLAS-Three recent move-ins have closed off 64,230 sf of class A space in two subleases and a renewal as a handful of much larger deals hover North Dallas. One team is building a plan for a campus approach rather than rely on multi-tenant deliveries to lease the site.
LONDON-The slowdown in activity in the office and industrial sectos is now making its presence felt in the retail sector, according to the latest survey from the RICS.
WILMINGTON, DE-Chicago-based TransUnion real estate subsidiary TransUnion Settlement Solutions Inc. opens the doors of its new 37,000-sf headquarters in Brandywine Town Center. The opening comes one year after Delaware officials began wooing the company to plant roots here.