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LONDON-A report released on London's West End office market by King Sturge makes depressing reading. Demand is down and supply rapidly rising but the market is still buoyant says the agent.
LONDON-Resolution Property plc has pre-let 80 per cent of building 1 at Hammersmith Grove, its 210,000 sq ft office scheme in London W6. Despite the market slowdown, the deals reflect the shortage of space in West London.
LOS ANGELES-The 1,659-sf parcel will be used as public parkland. The parcel was purchased on Thursday by the American Land Conservancy, which then sold it to the state.
PHOENIX-City officials figure they're a year out from a contract letting for a $250-million facility to consolidate vehicle rental companies and open the door for an airport expansion. The public will get more airport parking and travelers, a one-stop shop.
ORLANDO-In a chessboard-like strategy move, the global financial services arm of Zurich-based UBS AG is waiting for buyers to quote a price before disclosing what it will take for the prime dirt across from the Downtown Disney development, UBS representative Jones Lang LaSalle tells GlobeSt.com.
ORLANDO-In a chessboard-like strategy move, the global financial services arm of Zurich-based UBS AG is waiting for buyers to quote a price before disclosing what it will take for the prime dirt across from the Downtown Disney development, UBS representative Jones Lang LaSalle tells GlobeSt.com.
SONOMA, CA-The project will be located on Trust lands in Sonoma known as the Dry Creek Rancheria. The 60-acre, hilltop property overlooks the Alexander Valley vineyards and the Russian River in Sonoma County.
SAN DIEGO-While other high-tech firms are laying off thousands, a semiconductor manufacturer has expanded into a new, larger facility in the Rancho Bernardo area.
DETROIT-S. Martin Taylor, senior vice president of human resources and corporate affairs at DTE, takes over James Garavaglia's seat on executive committee, which oversees the economic development promotion firm.
COLUMBIA, MD-With this deal, the REIT has acquired an additional 187,132 sf in the Columbia Gateway office park, bringing its total holdings to 14 buildings and 900,000 sf of space.