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DENVER-Key Production is joining the tenant roster at the 1.1 million-sf MCI Tower in Denver's CBD. The firm, an oil and gas exploration and production company, has lined up 24,212 sf in the Crescent Equities-owned high-rise.
SAN DIEGO-San Diego County luxury home values rose during the third quarter to their highest level since 1992, according to a new report. Prices rose 6.2% during the quarter -- the largest increase among California's major cities.
CHICAGO-The Regional Transportation Authority, which oversees public transportation in metro Chicago, has leased 40,000 sf in 175 W. Jackson, a Downtown Chicago building originally built by Daniel Burnham's firm in 1912 and completely renovated in the 1990s.
MAPLE GROVE, MN-The vacancy rate climbs to 15.7% when all of the sublease space is factored, according to a new Twin Cities market analysis by United Properties. Class C vacancies are at 29.2%.
AUSTIN-The Austin office of Houston-based Yancey-Hausman hires a new team member, who is switching from leasing computers to leasing real estate. Clayton Timberlake was an associate for Dell.
WESTLAKE VILLAGE, CA-Chief Financial Officer Joseph Shew resigns from the ailing company, once a darling of the dot-com real estate stocks. The firm is facing fourth-quarter charge that could reach $950 million.
LONDON-The UK commercial property consultant Nelson Bakewell has formed a joint venture with New York-based Newmark to handle transatlantic investment or corporate real estate business.
PRINCETON, NJ - Valaran Corp.'s most recent lease transaction marks the third time the company has expanded at the Boston Properties asset in the last 18 months.
DENVER-A close look at the 3.4 million sf of sublease space shows it's not as bad as it seems, says a Cushman & Wakefield of Colorado senior director. Sure, it's driving up vacancy, but the shelf life for most space is a lot shorter than in previous downturns.
SEASIDE, CA-A former U.S. Army property has been deeded to the Chartwell School, which will build upon it resources for students with learning disabilities.