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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.
GREENWICH, CT-In a deal that brings the building to full occupancy, Ziff Brothers Investments, LLC has signed a lease for 61,177 sf of space at 55 Railroad Ave. here.
ATLANTA-After scouting sites in Houston, Baltimore and Pensacola, FL, the Mariner Healthcare Management Co. has expanded its corporate headquarters and consolidated its locations into One Ravinia, an 18-year-old, 376,538-sf office complex in Perimeter Center.
TROY, MI-Most developers require the conditions of public financing to see some value in a proposed mixed-use project. City is moving forward to a public vote.