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DALLAS-JPI, Morse Co. and RealEstateJobs.com round out their Dallas-Fort Worth teams with some changes. Carol Peddy is JPI's divisional senior vice president and property management partner and Richard L. Buford heads to the Morse Co.
CRANFORD, NJ-The flurry of activity at Mack-Cali properties as the quarter drew to a close was headlined by Deloitte & Touche's renewal for 85,727 sf in Parsippany. The company's Q1 deals totaled more than 340,000 sf.
Well, maybe the economic slump isn't going away as quickly as we had hoped. What's worse, that means that the six- to 12-month lag for real estate's turnaround…
GREEN VALLEY, AZ-Construction is under way on a dual-pronged Alzheimer's project for La Posada at Park Centre in Green Valley. The bulk of the cost is allocated to a 163-unit complex for patients of the specialized care facility.
PARK RIDGE, IL-This city on the edge of Chicago's Northwest Side and along a major Metra commuter rail line already has developers "biting at the bit" to be a part of the next suburban Downtown redevelopment project.
IRVINE, CA-The floating rate financing has been arranged for two office facilities in Irvine's Hutton Centre complex. The properties are two ten-story class A buildings, which each encompass more than 200,000 sf. In addition, each building features a six-level parking structure.
PORTLAND-The 119,000-sf riverfront office development on Northwest Naito Parkway was purchased last month by pension fund advisor McMorgan and Co. LLC. Insignia/ESG was selected to handle management and leasing.
LONDON-Salmon Harvester Properties has added to its development portfolio around London's Heathrow airport. It has bought 150 Great South West Road from DHL and plans a 32,500-sf office scheme.
SOLANA BEACH, CA-An office supply store and two rail cars on Highway 101 will be cleared for a Longs Drugs and a Japanese restaurant that could be open by late 2003, according to developers.
PLEASANTON, CA-A new civic center here is slated to include a 53,000-sf City Hall office complex, complete with a City Council chamber, which would replace 47,000-sf of office space in the temporary buildings, rented offices and the recently remodeled Civic Center at 200 Old Bernal Ave.