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CHICAGO, IL-The gift came from Albert I. and Maria Goodman on behalf of the Edith-Marie Appleton Foundation starts an effort to raise up to $20 million to renovate the 4,381-seat theater in the heart of the Uptown community.
Office deals in the hottest sector of the UK outside London are starting to slump according to a new report published by a top international agency. Could the UK property market be showing the first real signs of sliding into recession?
MOONACHIE, NJ-Weiss Realty is marketing three full floors of class A office space at its five-story, 100,000-sf Empire Office Center II. Companies with strong communication needs are the main target.
CHICAGO-Parkway Properties, Inc.'s purchase of Two Illinois Center from Tishman-Speyer for $175 million--or $164 per sf -was lower than office deals this year even though at least one other deal may come in even lower.
SAN ANTONIO-The 298,289-sf One International Center in San Antonio has added Metropolitan Life Insurance to its tenant roster. The high-profile tenant has secured 7,719 sf in the class A office building, owned by Massachusetts Mutual Life.
MIRAMAR, FL-The Chicago-based parent of DeVry Institutes of Technologies signs a 15-year lease valued at roughly $36.5 million, based on mid-year estimates of $24.34 per sf for this Broward County submarket, 16 miles north of Miami.
LOS ANGELES-A lease renewal valued at $3.63 million has been inked by Sun Microsystems for 33,000 sf of office space at Northpoint at Howard Hughes Center.
BOSTON-The Millennium Place Project is injecting new life into a neighborhood that was once a nationally known stretch of strip clubs and seedy bars. The project has spurred a number of developers to take chances on the area.
ISSAQUAH, WA-The first store in the Northwest is set to open in Issaquah at the end of October. The franchisee plans to open a minimum of 30 locations in Washington, Oregon, Alaska, Hawaii and British Columbia in the next six years.
DENVER-The Regional Transportation District was willing to pay up to $60 million. The city of Denver is kicking in up to $10 million while the partnership is getting another $20 million from the Denver Regional Council of Governments.