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BEDFORD, MA-MediSense, a division of Abbott Laboratories, leases an additional 50,000 sf here in Bedford Business Park. The company now occupies a total of 250,000 sf at the three building, 333,700 sf, 22-acre campus, owned by Boston Properties.
ORLANDO-The Sept. 11 terrorist attacks bit into the themed restaurant's bottom line with operating profit of $54.5 million down from $66.5 million in 2000. Pittsburgh, Minneapolis and Austin will see new restaurants this year.
SAN FRANCISCO-A complete environmental impact report will be necessary for a proposed 107,000-sf store along Bayshore Boulevard at Cortland Avenue. Traffic is the overriding issue.
DENVER-Cushman & Wakefield reorganization of 2001 resulted in the company cutting "the fat, not the muscle," John Cushman III tells GlobeSt.com. "We land, get the job done, and we're out of there before our competitors even realize we are in the game.
AUSTIN-AT Systems Southwest seals a 6,300-sf deal for the north central submarket while One Design's 20045-sf pact hangs a "no vacancy" sign on the 54,000-sf One Tech Plaza along Wells Branch Parkway.
HOUSTON-Increasing interest rates, stringent underwriting and spiking insurance could undermine the city's multifamily property values, says a Hendricks & Partners investment adviser in Houston. The scenario also is being fueled by international uncertainty.
ARLINGTON, TX-Construction is under way on Falcon Lakes Apartments, thanks to a $13.7-million financing for 90% of the project cost. The 17.8-acre project is indicative of investors' burgeoning interest in the region's multifamily market.
CARLSTADT, NJ-The industrial redevelopment firm has extensively rehabbed the warehouse/distribution facility, which is currently vacant. Team Resources has the marketing assignment.
ATLANTA-The five-year lease has an estimated aggregate rent value of $688,320. Other tenants in the Gwinnett County park in suburban Norcross, GA are Germany-based Dornbracht USA and Sub-Zero Distributors.
LONDON-Out-of-town retail investor Grantchester Holdings has continued its disposals programme with the sale of four retail parks to Henderson Global Investors.