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GREENBURGH, NY-LCOR Inc., a partner in the ownership of The Landmark at Eastview complex here, reveals it has begun marketing 320,000 sf of new office/laboratory space after receiving final site plan approval for its $130 million development.
SEATTLE, WA-To attract tenants, landlords are becoming ever more creative and generous with incentives. And with parking rates becoming ever more expensive, parking is becoming a prominent part of today's deals.
SAN ANTONIO-Wyndham International grabs the reins to two franchise hotels in San Antonio and Palm Springs, CA. San Antonio's St. Anthony Hotel is a 352-room historic property that's 92 years old and on the National Register of Historic Places.
TROY, MI-The manufacturer of powertrain, chassis/suspension and structural components for the automotive industry couldn't overcome financial losses from last year. It expects to take a hit of $0.40 per share.
HERNDON, VA-Smith Corp. renews a 22,872-sf lease at Renaissance Park at Dulles, and Oce-USA Inc. renews its lease of 14,393 sf of office space at Courthouse Plaza, located at 2300 at Clarendon Blvd. in Arlington, VA.
IRVINE, CA-The Laguna Woods facility will encompass 41,280 sf of medical office space upon completion. The project commences as vacancy rates continue to rise. According to recent research, overall vacancy for non-CBD office space stood at 20.1%.
PALM BEACH GARDENS, FL-The locally based real estate investment trust is attributing a 21% increase in funds from operations to the acquisitions the company made earlier this year. Palm Beach Gardens is 79 miles north of Miami.
BOSTON-Construction on the 450-room hotel to be built here on the waterfront in South Boston will be delayed because of financing difficulties. The move could have severe repercussions on the nearby $800-million convention center.