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EDISON, NJ-The information technology company, based in California, will relocate its New Jersey office here after a transaction arranged by Grubb & Ellis. Federal Business Centers owns the property.
AUSTIN-Central Texas cities are cutting back on municipal services because of shortfalls in sales tax revenue. The average occupancy of 95% is readily reconcilable with lackluster sales, says one analyst.
FREMONT, CA-In an effort to expand its facilities and still cut costs, Scios plans to move to its corporate headquarters in Sunnyvale to a new location at the Ardenwood Corporate Center.
ORLANDO-A 2002 Trammell Crow retail forecast shows the 691-store Lakeland, FL-based grocer garnered 60% market share in 2001, up from 45% in 2000 and 21% in 1999.
PHILADELPHIA-With a direct vacancy of 7% and average asking rental rate of $30.28 per sf, Bala Cynwyd/Narbeth remains the healthiest of suburban Philadelphia office submarkets, according to second-quarter research from Trammell Crow. New buildings take Conshohocken's overall vacancy to 25.3%.
TACOMA, WA- City officials say they will try to build the adjacent marina, wharf and walkway, developers were anticipating but make no promises. The $8.1 million rehabbed building is one of four projects in the works in the "Museum District.
NORTH HALEDON, NJ-The union's benefit plan will relocate to the four-story asset, acquired from a local firm, and will consolidate its operations from two other locations.