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SAN DIEGO-Burnham Real Estate Services/ONCOR International has signed engineering firm P & D Consultants Inc. to a seven-year lease for 13,311 sf of office space in Mission Valley9s first Class A speculative office building in more than 10 years.
SAN FRANCISCO-The California Academy of Sciences unveiled plans for a new facility that includes a multi-level rainforest exhibit and a 225,000 gallon habitat for living Philippine coral reef.
SAN DIEGO-Real estate information firm CoStar Group Inc. has agreed to sublease 41,551 sf from Gateway Inc. in the University Town Center area to relocate and expand its West Coast operations center.
SAN ANTONIO-Opus South sells Pacificare Health Systems' call center at 6200 Northwest Parkway to the Atlanta-based REIT. The property, valued at $12.4 million, is Wells' eighth purchase in Texas.
TRENTON, NJ-The Garden State's newly-passed budget will raise business taxes by an estimated $1 billion, and will more than double the department store operator's from $4.4 million to over $10 million a year.
SEATTLE-King County has made a decision that will enable two land-preservation deals to progress. If successful, the deals would prevent development on most of 259,000 acres in so-called Forest Protection Districts.
PHOENIX-Gray Development's 276-unit complex sells to UBS Realty Investors for nearly $73,000 per unit. Two years after it's finished, occupancy stands at 93% for the North 19th Avenue property.
HOUSTON-The full report will be out soon, but the few stats that were released show a positive absorption of 63,165 sf and a year-to-date still in the red. Meanwhile, the Galleria submarket leads off Q3 with more leases.
PASADENA, CA-The four-story, 70,696-sf structural steel complex at the corner of South Lake and Cordova avenues will include 52,000 sf of office, 17,000 sf of shops, and a three-level underground garage with parking for 225 cars.
CHICAGO-Developers are sought for the purchase and redevelopment of a 15,000-sf building at 1055 W. Bryn Mawr in the Edgewater community's historic area. Meanwhile, landmark designation is pursued for the Bryn Mawr and Belle Shore apartment hotels.