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MONTVILLE, NJ-The total includes a combination of W/D, manufacturing and high-tech space, with a Toys 'R' Us taking the biggest chunk, more than 137,000 sf.
AUSTIN-The Shidler Group snags a renewal from the state for the 141,727-sf Southfield building in Austin's northeast submarket. The Texas Workers Compensation Commission occupies the spot, which begins its new contract in January 2002.
ATHENS-The office market in the Greek capital is set for a record year in 2001, with new research from FPD Savills suggesting that take-up will reach an unprecedented 1.3 million sf.
HOUSTON-Houston is faring better than Dallas when it comes to sublease space, but still the number is rising. More space could come to market as Continental Airlines shifts into a lay-off mode, says Grubb & Ellis in its third-quarter report.
DENVER-Vacancy in units built from 1990 to 1994 increase to 9.5% from 7.6%, while those built form 1995 to the present increase to 19.7% from 7.7%, according to L.J. Melody & Co., citing increased supply as the culprit.
ATLANTA-The Dallas developer has to demolish the 28,778-sf 2675 Building before breaking ground on the 120,000-sf spec venture on the 48-acre property. The estimated cost of the new building is $18 million, according to area construction industry estimators.
LAWRENCEVILLE, GA-The Huntsville, AL-based developer has purchased 130 acres for an undisclosed sum at the 1,500-acre Gwinnett Progress Center in suburban Atlanta where it hopes to construct an eight-building, flex-space mini park totaling 1.5 million sf.
ALISO VIEJO, CA-The 27,000-sf Clare Micronix building is located in Aliso Viejo, where the overall vacancy rate for office property stood at 30.9% at the end of the third quarter.
ALAMEDA, CA-Alameda's Carnegie Building will be renovated to operate as a fully functional office building, but the scheduled completion date is up in the air, pending additional funding.