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WASHINGTON, DC-The International Economic Development Council, located within blocks of the White House, falls prey to the lack of post-Sept. 11 insurance coverage availability when its carrier decides not to renew the organization's policy.
DALLAS-Cushman & Wakefield of Texas wins the draft for a brokerage team that's been courted for nearly two months by the region's largest houses. Tracy Fults, Allison Fannin and Joel Fults are settling into their North Dallas offices.
AUSTIN-The latest research by Staubach shows overall vacancy is 22.84%, up from 16.6% just three months ago. And the market has not finished leveling off, says the firm's research director. Rent is down 54 cents per sf.
DALLAS-Rebecca Griffin and her seven-year partner, Jason Lichty, unlock the doors on a regional office for Manhattan-based Newmark & Co. The opening comes less than a month after their exit from Julien J. Studley's Dallas office.
MANAHAWKIN, NJ-The new Manahawkin Commons, a joint venture between the Woodmont Co. and ORIX, will feature T.J. Maxx 'n More, Staples, Pier 1, TGI Friday's and others.
SAN DIEGO-Rents in San Diego County have gone up by 1% since the end of 2001, while occupancy declined fractionally, from 95.8% to 95.1%, according to a new report.
FARMERS BRANCH, TX-The deal pipeline shuts off nearly 40,000 sf in Farmers Branch and the balance in Carrollton. The largest space taker, Optical Cabling Systems, gets its keys May 1 to Venture Tech Centre.
SAN MARCOS, CA-A leading developer of information technology systems for healthcare professionals has signed a lease filling the San Marcos Outlet Center, a retail center converted into office space near Route 78.
PARAMUS, NJ-The innovative Dallas-based retailer, which has 25 stores around the country, will open a 28,000-sf freestanding store in this Bergen County shopping mecca.
ATLANTA-Ground has been broken on a 225,000-sf office building in suburban Alpharetta, GA. Owner Strategic Property Fund, managed by J.P. Morgan Fleming Asset Management, and the leasing agent are not disclosing the lead tenant's name or terms of the deal.