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WALTHAM, MA-BrassRing LLC leases 65,546 sf of office space at 343 Winter St. The sublease, one of the largest lease deals this year in the Route 128 area, is for the entire building.
HOUSTON-Idea Integration moves into 15,245 sf and NJB Management takes over 7,736 sf after cutting class A office deals with Hines in dual exits from 5 Greenway Plaza to make way for a previously reported lead tenant's expansion.
SEATTLE-Michael Belka, most recently a regional property manager with the Seattle office of Tower Realty Management Corp., will lead the management and leasing team for Unico, which owns and operates 6 million sf of office space.
WALTHAM, MA-Oasis Semiconductor leases 30,000 sf at Waltham Weston Corporate Center. The company, which relocated to the 300,000 sf, six-story, office building last year, is nearly quadrupling its space in the building.
NEW YORK CITY-Hines closed on three properties--two in Manhattan and one in Washington, DC--as part of an arrangement with Sumitomo Life Realty that was announced in April.
PEABODY, MA- North Shore Orthopedics buys a medical office building at the North Shore Mall for $5.5 million and plans on converting the 50,000-sf facility into an ambulatory surgical center.
HOUSTON-A law firm moves into 25,572 sf in Phoenix Tower in a long-term lease that lifts occupancy to 81% in the 619,000-sf high-rise in the Greenway Plaza submarket. In the Galleria, a bank takes 4,864 sf.
ATLANTA-Houston-based Hines Interests canceled an option on the 6.7-acre site in 1999 to develop office towers, residences and retail space after failing to sign an anchor tenant, area brokers tell GlobeSt.com. The estimated asking per-acre price is at least $2.98 million, or about $68.53 per sf, one of the highest in recent city real estate annals, brokers say.
BRIDGEWATER, NJ-The new acquisition, occupied by Aventis Pharmaceuticals as its headquarters, is part of a new, two-building class A complex that has become one very hot property.
ATLANTA-Area brokers tell GlobeSt.com the prime three-acre site, zoned for a 500,000-sf venture in the affluent Buckhead district, went for an estimated $2.1 million, or $700,000 per acre.