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WESTPORT, CT-About five months after a successful management buyout of the company. Michael Allen Co., a management consulting firm, has changed its corporate headquarters address here. The firm has signed a lease for 7,629 sf at 8 Wright St.
SEATTLE-The 40-story office tower would rise adjacent to the museum and one-half block from the bank's namesake headquarters building. The bank would occupy about 800,000 sf and the museum about 300,000 sf.
BEAVERTON, OR-The office portion of the $80-million retail, commercial and residential development in Downtown Beaverton is slowly attracting tenants as work continues to complete the long-stalled project served by the region's light rail system.
HOUSTON-The Houston-based REIT continues the long run by ending 2002 with rent revenue up 18.2% to $303.8 million in comparison to the previous year. It was another year of buy and sell, with the sold properties bringing in a net gain of $19.5 million.
CHICAGO-While 15 US properties are used as collateral, the CMBS and mezzanine funding will allow the privately held hotel company to pursue potential acquisitions, CEO Laurence S. Geller says.
WASHINGTON, DC-A groundbreaking ceremony on March 6 is in the works to officially kick off the development of the 233-suite Residence Inn Marriott. The $43-million endeavor is the product of The Donohoe Cos., Hospitality Partners and Four Fires LLC.
LAKEWOOD, NJ-The developer has tapped Hill International to oversee a project that will eventually comprise 15 office and flex buildings. Site work is already underway.
COPPELL, TX-INO Therapeutics, a metroplex newcomer, taps 7,200 sf to fill one building in the Coppell Commerce Center while Network Courier Services signs for 8,400 sf to take another to the 70% mark.
SCHAUMBURG, IL-The Society of Actuaries expands its deal at Woodfield Corporate Center to 30,510 sf. Equis Corp. SVP Gregg Raus reports the group achieved a 15% reduction in space costs.