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ORLANDO-The Orange County comptroller says tourists and business travelers, uncertain of the Iraq war effects, caused February's collections to drop to $7.87 million, a 9.8% decrease from February 2002 and the first slide in five months of improved numbers.
LOMBARD, IL-Insurance brokerage T.J. Adams Group has signed a 37,240-sf renewal and expansion at CarrAmerica Realty Corp.'s Unisys Center, here while BP takes 20,000 sf in the 32-acre Brookdale Gateway Campus in Naperville.
BOSTON-Martin Oliner of New York-based LDA Acquisitions LLC, submits a proposal to the Boston Redevelopment Authority to build a 527,000-sf R&D project on a 5.6 acre parcel in the Charlestown Navy Yard. It will involve two buildings, one nearly twice the size of the other.
NORTH BRUNSWICK, NJ-The new facilities bump the total amount of space at the authority's Technology Centre of NJ to almost 330,000 sf with an eventual build-out of 500,000 sf slated.
NEW YORK CITY-Triple net and synthetic leases, 1031 exchanges, and sale-lease backs are some of the key topics of discussion that make up this week's RealShare Net Lease program, a national real estate conference being held here at the Roosevelt Hotel.
BOLINGBROOK, IL-The $9-million deal at 365 Crossing Rd. in the Corporate Crossing Business Park will allow the Norcross, GA-based company to consolidate operations now in far north suburban Mundelein and nearby Woodridge.
HOUSTON-National Residential Mortgage is unpacking in 3,115 sf in a Koll Bren Schreiber Realty Advisors' office building in the northwest submarket. The new deal nudges occupancy to 95% for the class B property.
IRVINE, CA-The lawyers take 4,519 sf of office space formerly occupied by Software AG, a software supplier that was slated to be in the space until 2007. The closing price for the sublease space was right around the asking ticket of $1.60 per sf per month.
HOUSTON-Gulf Coast Storage & Warehousing was searching for plenty of dock doors, an East Side address and a deal with good economics. The search ended with a medium-term signing for 8000 Market St., which came with an expansion option.