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CAMBRIDGE, MA-Escher Group Ltd. expands its space at 101 Main St. by renewing its lease for 13,000-sf and adding an additional 10,350-sf of space. The site, which is the entire 10th floor of the 18-story building, serves as the company's world headquarters.
TACOMA, WA-City officials agree to delay Cosmos International's plans to construct a multi-phase, $120 million office project next to the Tacoma Dome. Council members say they intend to make the LeMay Museum development their top priority.
LONDON-Clients of Henderson Global Investors have sold the freehold interest of a building on Birmingham Business Park to a private investor at a yield of 7.24-pc.
MADISON, WI-Nearly $30 million in financing is arranged by Chicago-based Cohen Financial's capital markets unit for 382 units in the state capital as well as a 24-unit property in Milwaukee.
ORLANDO-Developer Dale Ladd's Highland Realty Co. is demolishing the former South Lake Hospital building and plans to break ground by year end on 45,600 sf of office, 24,600 sf of retail, 14,000 sf of restaurant and 9,000 sf of residential.
BUENA PARK, CA-The $2-billion transportation and services company inks a $5.4-million agreement. According to the deal, Con-Way will occupy 26,775 sf in the Buena Park Commerce Plaza for the next 10 years.
RANCHO CUCAMONGA, CA-EPD Wearnes Inc., which manufactures and sells water filtration systems, inks a five-year lease to occupy a 47,200-sf building here. The industrial facility will be used for light manufacturing of commercial water treatment products.
ATLANTA-George Ferguson is hired to head the sector at the Atlanta-based affiliate of Prudential, repeating his experience at an agency in Utah. Three agents are already on the group's staff and four more are in training.
SAN FRANCISCO-The New York-based, full-service real estate firm tells GlobeSt.com it has hired away CB Richard Ellis SVP Ed Grammens and several of his team members for its first San Francisco office. "It is the first step in creating a major presence in the Western Region of the United States," says Newmark's director of U.S. Operations.
MIAMI-Prudential Real Estate Investors of Parsippany, NJ sold the 105,912-sf Crossroads Shopping Center at Royal Palm Beach, FL for $18.5 million ($175 per sf) and the 105,812-sf Coral Creek center in Coconut Creek, FL for $15.7 million or $148.38 per sf.