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HERNDON, VA-McDonald Bradley commits to nearly 20,000-sf at Woodland Park's Plaza Ridge II building. The information technology services company will pay about $26 per-sf for its space in the 156,000-sf, one-year-old structure.
BOSTON-Overall vacancy rates in the area continue to climb despite persistent rumors that the recession is nearing its end. An industry expert tells GlobeSt.com that the market is probably at its bottom and could see a recovery by the end of the year.
NEW YORK CITY-With its acquisition of the Wadley-Donovan Group complete, Grubb & Ellis executives say theirs is now the only real estate firm to offer comprehensive site selection services as an in-house menu item. Competitors beg to differ.
MESA, AZ-Famous Footwear signs another Arizona location as it completes a lease for 10,000 sf at the Target Center in Mesa. In Tempe, Floor By Design takes 5,000 sf at the Grove Parkway Plaza along Elliot Road.
CHICAGO-Jack Cohen, chief executive officer of his own finance company, shares his concerns with aging borrowers and an uptick in delinquencies and defaults with the Real Estate Investment Association.
BOSTON-Overall vacancy rates in the area continue to climb despite persistent rumors that the recession is nearing its end. An industry expert tells GlobeSt.com that the market is probably at its bottom and could see a recovery by the end of the year.
GARLAND, TX-The 20-year-old Good Times Skate Rink in Garland has been sold to the International Church of the Foursquare, which is planning a redo of the 22,500-sf rink. The church has paid close to the $550,000 asking price.
SAN DIEGO-A 542-unit senior apartment complex in University City has received $38 million in financing to more than double in size to more than 1,100 units.
FRISCO, TX-Albertsons-anchored centers at opposite ends of town are just the beginning, says Regency Centers. One site is part of a 48-acre tract ticketed for a power center. The population's there, now it's time for the retail.
ATLANTA-A new and expanded $2.35 million branch office has opened in Collierville, TN to accommodate the growing operations of Crye-Leike Realtors. The firm plans to house 70 sales associates in a portion of the 16,800-sf property it built at 435 North Byhalia Rd.