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DALLAS-Archon Group LP has accorded its prestigious Accolade Award on the Jones Lang LaSalle Dallas team in charge of office and retail leasing for Prestonwood Creek along Beltline Road in Dallas. The project's office is 94% occupied and retail, 100%.
FORT LAUDERDALE, FL-The Chicago firm's 11-story, 165,626-sf First Fort Lauderdale Place is 30% vacant in a Downtown Fort Lauderdale submarket asking average rents of $25.50 per sf. The property is 26 miles north of Downtown Miami.
SAN FRANCISCO-Albeit with a different company, Hal Brownstone will continue to be general manager of 100 Spear Street in San Francisco, a 213,000-sf Class A office building now being managed by Jones Lang LaSalle.
NORTH BRUNSWICK, NJ-The pharmaceuticals giant will move ahead with its new two-building R&D complex here, with its price tag now set at $235 million.
ORLANDO-S.I. Goldman Co., a 42-year-old, $40 million mechanical contracting firm that has worked on every major commercial construction job in metro Orlando in the past 20 years, is suing its former $175,000-a-year president on charges of client stealing, conspiracy and fraud. The executive is countersuing for breach of contract.
WESTLAKE VILLAGE-Privately held Miller Brothers Investments acquires 137,800-sf class A structure. The building is fully leased to Internet giant homestore.com.
BELLEVUE, WA-The develop claims his general contractor hurt the stalled $100-million project by walking off the job and filing an inflated lien against the property in retribution for the request for an audit.
CHICAGO-The interiors firm with operations at 1100 W. Monroe St. signs a 10-year, $3.5-million lease for space about one mile north at 949-65 W. Chicago Ave., where they will have 12,000 sf of office space.
CORAL GABLES, FL-The locally based provider of goods and services to the hospitality industry also sells it Orlando distribution facility, as first-quarter net income drops by nearly 95% and revenue falls by almost 23%.