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MCLEAN, VA-Two companies sublease 27,000-sf of Arnold Worldwide's office space at 1600 International Dr. Advantis Real Estate Services Co. provided a helping hand in securing BCE Emergis Electronic Mortgage Services and Datamat as sub-tenants.
BOSTON-The Federal Milk Market Administrator leases 12,771 square feet of space at Lincoln Plaza I on 89 South St. The agency wants to expand and upgrade its building and will use the space for its regional headquarters.
LONDON & NEW YORK-Sources very close to the deal have confirmed that CB Richard Ellis has agreed to buy Insignia Financial Group. After the dust settles, the merger will create what is being touted as the world's biggest real estate brokerage firm.
NAPPERVILLE, IL-Main Street Promenade, a three-story mixed-use project under construction in downtown Naperville, now has four more national retailers opening there to take advantage of the high-end customer base.
ORLANDO-Sara Morency is the new president of the Central Florida chapter of the Building Owners and Managers Association. Rebecca Canal is BOMA Orlando's treasurer, while Rachel Sardenga is an alternate board member for 2003.
HOUSTON-Deidra Dierks is named to the new post after spending six years with the firm. Tasked with building the asset base, she becomes the leader of the investment services division for McCord Development.
EDISON, NJ-Home Essentials & Beyond, which sells its products through catalogs and online, will use the New York Times Co.-owned building for warehousing and distribution.
DALLAS-Bob Bradshaw joins the team as vice president of business development. The veterans in town know his history: four decades of Dallas-Fort Worth deals, mostly spent developing the Great Southwest and Las Colinas.
LANDOVER, MD-Manekin gets to work on a 30,000-sf warehouse at the Cabin Branch Distribution Center on behalf of Pacific Realty Associates. Taylor Equipment Rental will occupy much of the $1.4 million facility, which is scheduled for completion in June.
LONDON & NEW YORK-Sources very close to the deal have confirmed that CB Richard Ellis has agreed to buy Insignia Financial Group. After the dust settles, the merger will create what is being touted as the world's biggest real estate brokerage firm.