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IRVINE, CA-Paris, France-based Archos Technology inks a five-year lease at 3 Goodyear in the Irvine Spectrum. The company will move next month from its current site, which is also located in the Irvine Spectrum.
ADDISON, TX-The Blue Grove Plaza in Lancaster gets a 9,000-sf lease while Denton Shopping Center along University Drive opens doors on a 10,000-sf store. The close-out home furnishings retailer is signing five-year leases in its expansion drive.
BOSTON-In a joint venture, Samuels & Associates and Edens & Avant sign a letter of intent to acquire approximately 40 of 60 shopping centers owned by Konover & Associates, Inc. The Farmington, Connecticut-based company has six shopping centers in the state.
NEW YORK CITY-The UK-based global banking concern replaces the space it lost at 7 World Trade Center with a new headquarters on the entire third floor of the landmark Metropolitan Life tower.
ATLANTA-Stacey Corso, editor of Real Estate New York, a monthly Real Estate Media Inc. publication, will handle all aspects of commercial real estate in Atlanta's eight-county market, along with breaking major industry news in other Southeast areas. Corso may be reached at 212-929-6900 or [email protected].
DENVER-The asking price for the 500,000-sf plant on 28.5 acres at Interstate 70 and Pecos St. is $12.5 million. Replacement cost is $20 million, says Candis Hewitt, leading the Cushman & Wakefield brokerage team that is marketing the property.
HOUSTON-A two-building complex along Zoltowski Street reaches 100% occupancy less than a month after its acquisition by Zoltowski Partners Investment Co. Houston's Steel Supply Co. takes a 30,000-sf vacant building.
DENVER-The economy is not that bad, Denver Mayor Wellington E. Webb says, but belt-tightening is needed nonetheless. His staff is performing a comprehensive evaluation of outstanding capital project funds and needs.
MILLTOWN, NJ-Faltings Enterprises signs for the space at 2 Ford Ave., a 185,639-sf asset owned by the New Jersey Mortgage Acquisition Corp. The Schultz Organization and Bussel Realty arranged the lease.