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SAN ANTONIO-With finish-out done, the firm gets keys to office space released by Symantec. The high-tech duo struck a three-year sublease for an eighth-floor office in Centre Plaza in the north central submarket.
LONG BEACH, CA-Borrower Westar Associates gets a low 5% interest rate on permanent financing for a 76,883-sf center it's owned for nearly a year. A Canadian Life Insurance Co. is the lender.
ANDOVER, MA-Holy Family Hospital and Medical Center leases 15,695 sf of office space at 200 Brickstone Square. While the lease is only for three years, it is still good news in a market that has 35% of its space available.
PLANTATION, FL-Centex Development Co. sold a two-building, class A complex here to a private investment group for about $146.32 per sf. Southpointe I consists of 135,819-sf, and Southpointe II is 79,464 sf.
NEW YORK CITY-The Shelbourne REITs sell their only Manhattan asset, a 12-story landmark built in 1897. The buyer is a three-family partnership that signed a contract on the property in October after a highly competitive bidding process.
PORTLAND-Lindsay Gordon, most recently Director of Leasing for PacTrust's 380-acre Columbia Tech Center development in Vancouver, Wash., will have overall profit and loss responsibility for TCC's Portland office.
OAKLAND, CA-Truck-Rail Handling Inc. has signed a long-term lease in Hayward's Whipple Business Park for a chunk of warehouse/distribution space, which it will use house general commodity items.
CANNES-The number of shoppers visiting key retailers in the congestion charge zone of London over the first two weeks of its operation have decreased, while those in the area of London surrounding the congestion charge zone have only seen a slight upswing, says a report by retail business information company FootFall
BATH, ME-The supermarket chain will make some big changes in its Maine operations. Plans are under way to expand its store here by 20,000 sf, replace an existing Brunswick location with a 69,000-sf facility and enter the Wiscasset area with a 43,000-sf store.
HAMPTON, VA-Portfolio Recovery Associates, a defaulted receivables collector, has added to its stable of office space with its recent leasing of a 21,000-sf space to house its third call center. The new location is in the NetCenter building, the former home of Newmark at North Mall.