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FOLSOM, CA-Folsom Corporate Center's newest addition, a 151,000-sf office building on Iron Point Road, has secured its first big tenant, HDR Inc., which will occupy one-third of the building.
AGOURA HILLS, CA-Locally based investors jump into renovations on a 71,000-sf office building, purchased in a sale/leaseback from USA Petroleum. The seller occupies 15,000 sf of the 70%-leased Village Corporate Center.
BELLEVUE, WA-American Express Financial Advisors Inc. leases space on the first floor of the three-story, 50,000-sf building adjacent to Microsoft's Redmond, Wash. campus. Owned by Metzler North America, the building was completed in 2002 and is now 57% leased.
LONDON-Six Continents shareholders will vote today on the controversial plan to break up the formed Bass group into two companies, one to hold the brewing business and the other to run the hotels brands. And Chief Executive Tim Clarke has again slammed corporate raider Hugh Osmond.
CICERO, IL-A 500,000-sf convention center, 400-room motel and shopping center is slated for the site of Sportsman's Park after the town acquires the racetrack. Palatine, IL-based DiMucci Cos., which is building the third phase of Cicero Marketplace, plans to begin work this summer as the town's lead developer.
WHITE PLAINS-Westchester County officials say they are in negotiations with Mack-Cali Realty about the development of a one million-sf biomedical park on 60 acres at the Grasslands complex in Valhalla.
PORTLAND-After nearly 30 years as an industrial broker for CB Richard Ellis, Duyn tells GlobeSt.com he needed to be reinvigorated and that the economy provided the opportunity to look at other alternatives.
MIAMI-The event, at the Westin Diplomat Resort & Spa in Hollywood, FL, is expected to be the biggest to date. Exhibitors will include developers, rental property management companies, rental and ownership communities and real estate brokerages.
TUSTIN, CA-The buyer plans to market 500,000 sf of the industrial space in the Steelcase facility and raze the remaining 500,000 sf to make way for a new industrial park at 1123 Warner Ave. in the Irvine Business Complex.