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ATLANTA-Principal Global Investors of Des Moines, IA paid an affiliate of New York-based Lehman Brothers $6.9 million or $33.94 per sf for the 203,280-sf, 85% vacant structure in Clayton County.
WASHINGTON, DC-Popular Swedish apparel chain Hennes & Mauritz makes its way to the District with a 27,000-sf store in the former Woodward & Lothrop building. The "Woodies" building location will be one of seven stores that will open in the Washington area.
HOBOKEN, NJ-The Huntington, as the luxury complex is called, will add 110 new units in two buildings on a block-long site in this Hudson riverfront city.
ALBANY, NY-New York State made some minor revisions to the boundaries of Sullivan County's Empire Zone which state officials say will leverage nearly $124 million in new investment and has the potential to create more than 3,000 new jobs in the county.
CHICAGO-The network's owned-and-operated television station, Channel 2, is looking to move in 2005 or 2006, and is eyeing the mixed-use project at 108 N. State St. as one possibility. Meanwhile, its 170,000-sf building at 630 N. McClurg Ct. looms as a prime redevelopment opportunity.
PHOENIX-MEGA Life and Health is taking over 75,011 sf in the 138,000-sf Concorde Corporate Center in a 10-year lease. A company, bought earlier in the year, will be consolidating its offices into the single location and gaining some room in the process.
FARMINGTON HILLS, MI-Computer software giant is taking its time weighing bids for its headquarters here, instead focusing more on its summer move the new Campus Martius development in Downtown Detroit.
CHICAGO-The network's owned-and-operated television station, Channel 2, is looking to move in 2005 or 2006, and is eyeing the mixed-use project at 108 N. State St. as one possibility. Meanwhile, its 170,000-sf building at 630 N. McClurg Ct. looms as a prime redevelopment opportunity.
SAN JOSE-A 52-page report finds that Santa Clara County's mutual aid alert system needs to be improved. The cause of the fire has not yet been pinpointed, but foul play is suspected.