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HOUSTON-Phelps Dunbar renews 22,497 sf for a 25-attorney office at 3040 Post Oak while the Douglas Group takes 7,864 sf at the same address. Structuring the pacts were brokers for Trione & Gordon and Hines, the former owner.
AUSTIN-The Instinet Group, a stock trader, takes the extra 5,000 sf to pull the staff under one roof instead of two in Austin. Lavaca Plaza in the CBD earns the deal and edge occupancy to 35%.
Untitled DocumentTen years ago, Real Estate Investment Trusts (REITs) owned less than one percent of institutional-quality real estate. Today experts say…
WALTHAM, MA-Texas Instruments renews and expands its lease at 400-1 Totten Pond Rd. in the Totten Pond Office Center. The Dallas-based high-tech company is expanding from 18,855 sf to 34,890 sf.
WOBURN, MA-In the fourth of a series of recent deals at Unicorn Park, New Century Mortgage, a residential mortgage originator, takes 8,100 sf at 200 Unicorn Park Dr. The Park is a 600,000-sf, six-building master planned office park situated along Route 93 near Route 95.
DALLAS-A Dallas partnership, led by two well-known Dallas names, acquires a hard corner, with a 42,000-sf building, at Harry Hines Boulevard and Empire Central. A 13,000-sf lease is in hand to push occupancy to 100%.
HOUSTON-Clint H. Harrington of McCord Development will lead the 560-member BOMA chapter as president, replacing Steven M. Seltzer of TPMC Realty. This year's president-elect is Ted Freyer of Crescent.