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MIAMI-Wells Operating Partnership of Norcross, GA, controlled by Wells Real Estate Investment Trust, paid Chicago-based Westpoint Building One $13.25 million for the 100,000-sf, two-story structure in Tamarac, FL, a Fort Lauderdale suburb 30 miles north of Downtown Miami.
DALLAS-One's a renewal and one's a new deal, but both bring good news to the Dallas CBD. With the deal freshly signed, a DART consulting team has started moving into a 37,000-sf office at One Main Place.
HOUSTON-JPMorgan says the low cost of doing business and a skilled workforce sealed the deal for Houston. The North Technology Center will be housed at 1111 Fannin. The plan is to reach a peak of 250 jobs by the end of 2003.
ORLANDO-Eighty-five-year-old Earl K. Wood, believed to be the oldest county tax collector in the United States starting his 38th consecutive year in office, didn't allegedly fix annual Orange County property certificate auctions, the Florida Department of Law Enforcement concludes after an eight-month investigation.
PLEASANTON, CA- Advantage Metal Products, a manufacturing firm, has extended its corporate headquarters with the purchase of Livermore Gateway Business Park West's Building One.
SAN ANTONIO-It's time to take another look at the main plan for redevelopment of the former Kelly Air Force Base. Leaders have made considerable headway in the past year, but now they want to see what's working and what's not.
ORLANDO-The German investor consortium is going with the Orlando office of the Houston-based brokerage to manage and lease the 20-year-old, 92%-occupied, 136,264-sf 151 Southhall Lane office building in the suburban Maitland Center submarket. The value and length of the contract weren't disclosed.
DALLAS-Macfarlan buys some time for repositioning while preserving investors' capital with a short-term facility for three class A office buildings in Arlington and Grand Prairie. The savvy deal brings some funding for TIs.
SEATTLE-Equity Office Properties Trust, a publicly held office real estate investment trust, places Civia Media Terminals in 20 of its signature high-rise buildings in Seattle and Portland.