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MIAMI-Blue Capital U.S. East Coast Real Estate LP purchased the 47-story skyscraper here for $148.48 per sf. The seller was a partnership of the California Public Employees' Retirement System and Hines. Hines will be the project's property manager and leasing agent.
CHICAGO-Three buildings under construction or in the early planning stages have significant pre-leasing and anchor tenants, but it comes at the expense of older properties in a Downtown market that has suffered from job losses, professionals at RealShare Chicago noted.
CHICAGO-Three buildings under construction or in the early planning stages have significant pre-leasing and anchor tenants, but it comes at the expense of older properties in a Downtown market that has suffered from job losses, professionals at RealShare Chicago noted.
SAN FRANCISCO-Virtual Premise, a real estate software maker that has made a name for itself in the corporate sector, will take ASI's popular Lotus Notes-based applications for the commercial real estate market and convert them into a Web-based product.
CHICAGO-The pool of potential anchor tenants is drying up quickly, brokers on a Chicago Real Estate Organization panel suggest. Still, buildings that lost tenants to anchor newer projects are left with challenges.
DALLAS-Cornerstone Real Estate Advisers does the buying. Archon Group does the selling. And no one's talking except those on the street about the long-awaited sale of the 395,910-sf, class A office tower along North Central Expressway.
SCHAUMBURG, IL-Not only does the pharmaceutical company extend its lease term at the Woodfield Corporate Center, it also adds 20,000 sf within Hines Interests' 117,200-sf building.
SEATTLE-Looking to continue developing in the down economy, Lisa Picard moves from the Eastside office of Hines Interests LP to Harbor Properties, where she will oversee various developments in the Cascade neighborhood, including three projects being developed in partnership with Vulcan Inc.
NEW YORK CITY-Kevin F. Haggarty, 60, who served as executive managing director for Insignia/ESG's Capital Advisors Group (CAG) for the past six years, died suddenly of a heart attack early Tuesday morning on his way into the office.
CHELMSFORD, MA-Zoll Medical Corp. is moving its corporate headquarters from Burlington to Quorum Office Park at 269 and 271 Mill Rd. where it is leasing 160,000 sf. The deal is a long-term sublease from Tellabs.