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HOUSTON-Tech Systems racks up the largest lease, 13,000 sf, at Equity Office's 208,000-sf Northborough Tower near the Bush Intercontinental Airport. Also getting a new tenant is Lincoln Properties Co.'s Frost Bank Building.
CORTE MADERA, CA-The Container Store will open its second Northern California store at Corte Madera's Town Centre this spring. Broker Sandra Weck says that this lease shows that "retail companies are still bullish on the overall outlook of the economy.
ROSEVILLE, MN-The business intelligence and online analytical processing firm now leases 3,000 sf at a Lutheran Brotherhood building at 2780 Snelling Ave. North, tripling its office space in little more than a year.
LONDON-Cornhill Insurance has consolidated its property base in north Bristol by taking a 22,270-sf building on Arlington Properties' Aztec West business park.
GAITHERSBURG, MD-Montgomery County Teachers Federal Credit Union sells its 60,000-sf building at 200 Professional Dr. The building goes to The Willamson Group in a $6.8 million transaction. The credit union has a leaseback arrangement and will continue to occupy its space in the building for the next three years.
AUSTIN-Catellus Development and the Mueller Redevelopment Team have proposals in for the 709-acre Robert Mueller Airport redevelopment. A city recommendation could come before council in the spring for the estimated $98-million undertaking
OCEANSIDE, CA-A developer has bought 30 acres in Oceanside's Ocean Ranch Corporate Center in a deal valued at almost $10.5 million. Hamann Construction and Carltas Investments hope to build a mixed-use facility for sale or lease.
STOCKHOLM-London-listed CLS Holdings has made two big purchases in Sweden, adding to its portfolio in the country's two biggest cities, Stockholm and Gothenburg.
ORLANDO-Newly formed REH Capital Partners LLC of Fort Lauderdale, FL confirms to GlobeSt.com it has put in a $10 million bid for "a troubled mixed-use resort and timeshare project" in Orlando but declines to identify the property until the deal is done.