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CHICAGO-McDermott, Will & Emery had West Loop alternatives in 111 S. Wacker Dr., a building being developed by Hines Interests at 200 N. Riverside Plaza and 130 N. Franklin St., according to their tenant reps, before deciding to stay put at the AT&T Corporate Center/USG Building.
MIAMI-Lend Lease US Office Trust of Sydney and Munich syndicator KanAm paid Shorenstein Co. of San Francisco $270 million or $234.78 per sf for the 18-year-old, two-building, 55-story office structure, the tallest in Florida at 764 feet. The building has 1.15 million rentable sf.
CHICAGO-After 30 years at 180 N. LaSalle St., Heitman Financial LLC will move to 191 N. Wacker Dr. in May after signing a 10-year lease for space at the building being completed by Hines Interests LP.
HOUSTON-Hines says there are unique components to an initiative for Web sites for each property's management, leasing, scheduling of shared amenities and security. The program is at least one-fifth the cost of individual Web sites.
CHICAGO-The largest Downtown office lease this year, a deal in the neighborhood of $70 million, takes 211,000 sf of space at the old Quaker Tower off the market. Occupancy is back up to 81% when two moves are taken into account.
HOUSTON-Holliday Fenoglio Fowler gets the contract to hawk the mostly empty, mostly shell Enron Center South. A decision will be made Sept. 30 by the creditors' committee at a New York City closed auction for a short list of would-be buyers.
HOUSTON-The Houston law firm of Jones, Day, Reavis & Pogue will move into 54,600 sf on the top two floors of the 689,000-sf CBD high-rise. The signing pushes the project to 56% pre-leased.
HOUSTON-The Houston law firm of Jones, Day, Reavis & Pogue will move into 54,600 sf on the top two floors of the 689,000-sf CBD high-rise. The signing pushes the project to 56% pre-leased.
PHOENIX-First Home Horizon is unpacking at its address for the next 7 1/2 years. The mortgage company joins a tenant roster that includes Grubb & Ellis, Morgan Stanley Dean Witter and Cisco Systems.