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ALEXANDRIA, VA-The 280,000-sf Alexandria Corporate Park gets a new occupant with the General Services Administration's recent 10-year lease commitment to 60,000 sf in the Bren Mar Drive complex. The GSA will house offices of the Federal Protective Service in the space.
CHICAGO-Cook County pays $4.6 million for a 33,000-sf site at 555 W. Harrison St., where it will build its new domestic violence court. Meanwhile, Office Concepts sells 1100 W. Monroe St. for $3.05 million.
NEW YORK CITY-The Aerospace company hires Cushman & Wakefield as strategic advisor for all of its international real estate holdings. The 54-property portfolio spans 23 countries and totals 500,000 sf.
HOUSTON-Williams, Morgan & Amerson takes 13,163 sf at the Frost Bank Building, a holding of Lincoln Property and Whitehall Funds. The firm will be joining tenants such as Trammell Crow Residential and Guardian Life Insurance.
MIAMI-Liz Spivack, formerly with ENTEX Information Services of Ryebrook, NY and Lucent Technologies Inc.'s professional services division in Murray Hill, NJ , will focus on new business initiatives and marketing strategies for the company's Miami office.
HOUSTON-Six months after it comes out of a major rehab, the Museum District building reaches 64% occupancy. Newcomers this time are a political consulting firm and an attorney. The total space draw down is 3,283 sf.
ATLANTA-The locally based company paid $12.38 per sf for the defunct retail chain's former 597,546-sf corporate offices on 40 acres at 245 Great Circle Road., in the Nashville MetroCenter business park. Hodges has started a $2.7-million renovation.
LONDON-The latest figures from the Office for National Statistics show that UK institutions have reduced their commitment to property during the first half of this year. Institutions have been net disinvestors in property for three of the last four quarters.
SEATTLE-The purchase price includes $1.17 billion attributable to the acquired mortgage servicing rights, $900 million in other net assets and liabilities, including hedge assets, and $735 million of assumed debt.
CANTON, MA-The Lojack Corp. leases 10,000 sf at 780 Dedham St. The Westwood, MA-based company likes the 84,000-sf building's proximity to Route 95 and to its headquarters. The new space will be used as the company's research and development center.