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IRVING, TX-The bulk of the high-profile office space goes to Q4i, a proprietary software developer in a long-term sublease deal with EDS Corp. The firm moves in May 15 to 12,000 sf at the former MTech Building.
BOSTON-New Boston Fund Inc., a locally based real estate investment, development and management firm, will develop a 176,000-sf building at One Brigham Ci. on Huntington Avenue. Partners HealthCare Systems Inc. has agreed to lease the entire office space in the building for 15 years.
ATLANTA-The six-year-old local office of New York-based Julien J. Studley Inc. is reorganizing after 15 top brokers left last week to join New York-based Newmark & Co. Vice chairman Peter Speier will work with the Southeast and Southwest offices.
PORTLAND-A fiduciary for owners of more than four million sf on the West Coast, SKB says C&W has done the best job in submitting potential acquisitions to the company and, with its acquisition of Cushman Realty, brings the most to the table.
EL SEGUNDO, CA-Venture West Funding, a mortgage brokerage, reports a record first quarter with 273 real estate loans placed for $211.3 million. The growth represents a 236% gain in financing volume and an 80% gain in customers over the prior year.
MIAMI-Vivo focuses on the sale/leasing of industrial properties in Miami-Dade and Broward Counties. He is a former vice president of CB Commercial in Miami. Banks specializes in the sale/leasing of industrial assets in Broward County.
SAN DIEGO- City leaders approve a lease agreement clearing the way for construction of three buildings for retailers--Krispy Kreme doughnuts, Chili's restaurant and an Arco AM-PM gas station--outside the San Diego Sports Arena.
SAN FRANCISCO-The results are in. The first three months of 2002 showed no improvement in San Francisco's commercial real estate market. There is now a vacancy rate of 21%.
OXNARD, CA-Centex Commercial Development starts construction on two buildings totaling 85,000 sf of new light industrial/manufacturing space in its Northfield Business Park. The value for the two buildings is approximately $5.5 million.
LONDON-Resolution Property has unveiled designs for London Gate, its 560,000-sf office campus on the former EMI Record site in Hayes, West London. Site works are complete and construction proper is about to begin.