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DALLAS-Bryan Tower's gain is Fountain Place's loss as veteran CBD tenant, the Chubb Corp., seals a deal for 80,000 sf in one of the city's largest leases this year. Chubb will move into its new offices Nov. 1, taking Bryan Tower's repositioning effort to 71%.
TOPEKA, KS-The first building will house a First Union bank branch, which will take 8,685 sf under a seven-year lease, while a second building just west of Westridge Mall is expected to be built later.
GURNEE, IL-Penta Development Group gets $3.15 million for its building at 905 Lakeside Dr. in the Grand Tri-State Business Park. Nearly 24,000 sf of the 63,000-sf building are available at $5.50 per sf net.
DENVER-One of the most high-profile telecommunications failures in this market's history affects AmeriVest Properties Inc., which leases 51,883 sf at Panorama Falls in the Southeast Corridor.
ATLANTA-The city is hosting the Atlanta Plant Engineering, Maintenance and Material Handling Shows for the third consecutive year Sept. 12-13 at the Georgia International Convention Center in suburban College Park.
ANAHEIM, CA-The industrial park consists of two single-story buildings. Although financial terms were not disclosed, local brokers estimate its value at more than $15 million.
MCLEAN, VA-PRC has made a change in its property plans after being acquired by Northrop Grumman. C&W has been brought in to lease half of the 570,000-sf project.
MANCHESTER-BY-THE-SEA, MA-A $12-million housing development proposed for the downtown area here is met with some concerns by residents whose property abuts the proposed site. But officials with the project emphasize that all concerns will be addressed.
PHOENIX-D.L. Withers Construction has come out the winner in a contest for a $35-million contract for an airport parking garage. Phoenix Sky Harbor Airport's newest terminal is ticketed for the 3,500-space structure.
TAVARES, FL-After a seven-hour special public hearing, Heathrow Land Co. of Heathrow, FL won approval from Lake County commissioners to build the 323-home Heathrow Country Estates and 18-hole golf course in the Wekiva River Protection Area, 15 miles northwest of Downtown Orlando.