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CHICAGO-The 236,771-sf Commerce Point I/II/Tech in Arlington Heights, 213,097-sf Two Century Centre in Schaumburg and 203,611-sf Pine Meadows Corporate Center in Libertyville make up about half of the 1.4-million-sf suburban office package.
HOUSTON-W. Roger Gregory, regarded as a local leader in real estate finance and the accounting community, takes over the senior VP and CFO role. He replaces Tom Kennedy, who is pursuing other opportunities.
NEWARK, NJ-The harbor deepening, expected to cost $1.5 billion and generate $4.4 billion in port-related investment over the next five years, has passed the Army Corps of Engineers environmental muster.
PHOENIX-Primary Financial Services boosts its presence in the downtown Phoenix mall while Westland Title sews up an office in the Pinnacle at Kierland II. The mall deal was packaged by Insignia/ESG and Staubach brokers. The other by Lee Associates Arizona.
WEST ORANGE, NJ-Wolff & Sampson, one of the 10 largest legal firms in NJ, will move its main office to a new building here. GVA Williams did the deal for the property owner, and C&W repped the tenant.
LONDON-The AIM-listed property developer and trader Halladale Group in a joint venture with Citigroup Alternative Investments has bought a mainly retail portfolio from Henderson Global Investors and the United Bank of Kuwait's Opportunity Fund.
SAN DIEGO-Commercial real estate construction permit activity was down inSan Diego County in May, a function of the slowing economy and diminisheddemand, according to a report.
PHOENIX-Compucom Systems of Dallas clears the terms for an 11,728-sf lease for the Executive Center at Southbank, within close proximity to the airport. The firm's other Arizona operation is a help desk.
FLINT, MI-Knights Development Inc. president Mac McCrary says the city-owned complex still needs $4.5 million in rehabilitation, but has offered to do them and give the city $1.7 million at closing.
NEW YORK CITY-Locally based Benenson Capital borrows against its 38,000-sf commercial co-op unit near the former Alexander's site. The space is home to Williams Sonoma and Pottery Barn stores.