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HOUSTON-Dionex re-ups a 5,444-sf office at 340 North Belt Place on the North Side while Hastik-Baymont keeps the reins to 5,959 sf of office/service center space on the South Side. The North Belt Place lease keeps occupancy at 77%.
AUSTIN-NAI Commercial Industrial Properties corners the assignment for Davenport Village, an upscale shopping center with a 19% vacancy in the northwest submarket. Built in the late 1990s, the center is owned by Austin's Mayfield Cos.
NEW YORK CITY-The LMDC, the Port Authority, Governor Pataki, Mayor Bloomberg, HUD Deputy Secretary Alphonso Jackson, Sept. 11 victims' families and even Larry Silverstein were on hand when the announcement was made yesterday at the Winter Garden.
NEW YORK CITY-The hotel industry vet moves from Starwood to Tishman, where he'll take over THC's entire 10,000-room hotel portfolio. The appointment was announced yesterday by company chairman and CEO John A. Vickers.
LISLE, IL-Lease rollovers in an already tough suburban Chicago office market keeps us up at night in 03, says president and CEO Thomas August. Yet, the REIT was a $100-million bidder on another suburban office asset.
SAN DIEGO-The $2.9-million project will involve improvements to the 510,000-sf retail center and land surrounding it. Upgrades will include repainting the complex, improving lighting and landscaping and expanding two roadways on the site.
BREA, CA-Stolo Cabinets Inc. gets a 33,742-sf building at 860 Challenger St. while Elite Associates takes a 13,600-sf distribution center at 875 Challenger St. So far, five have closed and another five will go at the end of March.
PHILADELPHIA-The Philadelphia regional headquarters of Minnetonka, MN-based Opus plans to break ground for the 607,000-sf building in August. This follows the developer's completion of an 822,000-sf warehouse on the same 80-acre parcel, now 100%-leased and anchored by Procter & Gamble.