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WALTHAM, MA-Three long-term leases are signed at Waltham Weston Corporate Center, a 300,000-sf six-story office building owned by Boston Properties. The deals total more than 72,000 sf of activity.
MILFORD, CT-Environmental Data Resources has decided to move its headquarters operations from Southport to more than 47,000 sf of space at 440 Wheelers Farms Road here.
NORWALK, CT-Hitachi Credit America will relocate its offices in Greenwich to 28,590 sf of space at the RiverPark office complex here, says officials with Hines, which brokered the deal.
ATLANTA-The locally based law firm of King & Spalding is leaving Downtown and has leased 440,000 sf at Hines Co.'s 41-story Midtown tower which expects to be ready for occupancy in first quarter 2006. Another law firm, Powell, Goldstein, Frazer & Murphy also plans to vacate about 200,000 sf at two Downtown locations for new quarters at One Atlantic Center in Midtown.
CHICAGO-The sale of a 48,000-sf parcel at the southeast corner of Madison and Dearborn streets as well as a $140-million construction loan from Bank One propels Hines' 820,000-sf tower off the drawing board.
HOUSTON-The 689,000-sf, 33-story Calpine Center, dodging bullets that have hit other Downtown office properties, premieres this week with 85% of its office space committed to top-tier tenants.
WALTHAM, MA-In a deal that is one of the largest headquarters relocation on Route 128 this year, BMC Software leases 51,000 sf at 400-2 Totten Pond. The high tech company is relocating 230 employees to this site.
HOUSTON-The real estate giant, now in a quiet period, is planning to bring a publicly registered, non-trading REIT to market to raise as much as $2.2 billion in equity, targeting small investors for the first time in its history.
DENVER-The EPA will be leaving 210,000 sf at Denver Place for a new 10-story tower on the site of the former US Post Office Terminal Annex Building. The 10-year lease rate will be determined by the cost of the new building.