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BOSTON- BlackRock enters the area by leasing 8,669 sf at One Boston Place, an 802,205-sf, 41-story building in the heart of the city's financial district. The investment management firms is subleasing the space from Cambridge Strategic Management Group.
ATLANTA-Richard Fulton, co-founder of the company's Nashville affiliate, replaces Phil Meany, who left the Grubb & Ellis post to become chief operating officer of Herndon, VA-based Gulick Group. Fulton will remain based at Grubb & Ellis/Centennial in Nashville.
ATLANTA-With the addition of five new buildings and the exit of tenants from two properties totaling 155,662 sf, the industrial property vacancy rate in the Charlotte MSA rises to 8.8% during second quarter, compared with 8.2% in first quarter 2002.
KEARNY, NJ-The facility, which will be finished in a little more than a year, is being positioned for port-related businesses and metro area distribution operations.
SAN DIEGO, CA-Continental Graphics Corp. will be the sole tenant here, as it has inked a 60-month, $4.8-million lease to occupy the entire office and R&D facility. Encompassing 73,936 sf, Canyon Ridge Technology Park stands at 6910 Carroll Rd. in the Sorrento Mesa area of San Diego.
MIDDLETOWN, NJ-Markel Insurance Co. will occupy the 42,000-sf Independence Plaza II, which is currently under construction in Monmouth County. HFF arranged the financing, and Schultz arranged the earlier lease.
PORTLAND-The city's urban renewal agency delays its decision on a proposed purchase agreement for the last parcel it needs to have ownership of a full block at Northeast Portland Boulevard and MLK Jr. Boulevard, on which it wants to build a mixed-use development.
PALATINE, IL-While finishing the final phase of his 154-unit Sutton Park townhouse project along Northwest Highway, Russell McElwain hopes to begin building the 68-unit Maison Le Comte gated community near Algonquin and Quentin roads this fall.
BEAVERTON, OR-Coldwell Banker Barbara Sue Seal Properties inks a deal for 13,000 sf on the ground floor of the office building and 24 Hour Fitness signs and LOI to lease 37,000 sf on the ground floor of an adjacent multi-level parking garage.