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FORT WORTH-The Wm. Rigg Co., a centuries-old insurance firm, ends more than a year of searching for a new Fort Worth CBD address. The talking drives a six-year contract for Carter Burgess Plaza's concourse space.
DENVER-Trammell Crow Co.'s most recent MarketScope report offers a snapshot showing vacancies rising to nearly 15%, declining rents and lower net absorption, with little relief in sight until 2003.
ORLANDO-The Lake Mary, FL-based architectural firm was chosen over 10 rivals for the project whose size and cost has never been clearly defined in the past two years by Seminole County commissioners.
UNION CITY, CA-Breuners Home Furnishings uses the 130,140-sf building here for distribution purposes. It is located in the Alvarado Business Center. The lease is for five years.
HOUSTON-The New York City-based firm will occupy floors 11 through 15 at 5 Houston Center in a 29,558-sf lease add-on coming on the eve of delivery. The high-rise is now 86% pre-leased, with E&Y holding 147,790 sf.
ORLANDO-The Florida Elections Commission filed 100 misdemeanor and third-felony charges in June against 12 statewide trade groups, including locally based Home Builders Association of Mid-Florida Inc.
MANHATTAN BEACH, CA-Bancroft Capital LLC closes its Bancroft Opportunity Fund I with total committed capital of $6 million, expecting to combine that with institutional funds and leverage it into $200 million in properties.
NEW YORK CITY-Conceding critics' appraisals of its first efforts at a Downtown land-use plan as "mundane, boring and pedestrian," the LMDC is starting from scratch with a global search for five design teams that will deliver some sizzle along with the steak.
DENVER-Prices at the 61-unit development at the southwest corner of 15th and Central streets will range from $200,000 to $400,000. The project includes 3,300 sf of ground-floor retail space.
EDISON, NJ-The separate transactions, which range from 18,000 sf on down, involve business park properties in several Central New Jersey locations, including this Middlesex County community.