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SCHAUMBURG, IL-Trammell Crow Co. is marketing the four-story class A office property at 900 National Pkwy. on behalf of USAA Realty Co., and is drawing institutional investor interest, says senior vice president Kenneth J. Szady.
HAINES CITY, FL-The Columbus, OH-based developer plans an undetermined amount of units on a 22-acre tract it is buying for $1.6 million or $72,727 per acre ($1.67 per sf) from Southern Dunes Properties Inc. of Haines City, 40 miles southwest of Downtown Orlando.
DETROIT-TrizecHahn gets $20 million less than it expected for two Detroit landmarks in the New Center Area. They have a combined 200,000 sf of space available, which will house 2,500 state of Michigan employees and other tenants.
IRVINE, CA-The medical testing company will move into a space more than twice the size of its current site to accommodate its rapidly growing operations.
MURRAY HILL, NJ-The firm's New Jersey office's recent activity signals the diversity of leasing activity still underway despite the generally flattened economy in the state and nationally.
NEW YORK CITY-The French Embassy Treasury Representative is leaving a portion of the 53rd floor of 1 World Trade Center for 3,950 sf at 48 Wall St. The deal is a 10-year lease valued at $1.7 million.
ST. PAUL, MN-James D. Johnson and Steven H. Erickson have a combined 25 years with the firm. BWBR Architects also promotes Craig J. Peterson, Stephanie Richards McDaniel, Todd J. Warren and R. Allen Hoglund to associate.
TIGARD, OR-Had the best case scenario played out, Panattoni Development would be breaking ground this month on a 150,000-sf office project in Tigard. Instead, it is having a hard time finding an acceptable way to get cars on and off the site.
MILTON, MA-This town is looking to increase its tax base by encouraging mixed-use development in its lower mills area. To that end, this largely residential community, 20 miles outside of Boston, recently passed its first-ever mixed-use zoning.
HOUSTON-An American Title Co. attorney and a dry goods distributor have taken spots in the city's northwest and north submarkets, respectively. New Island Trading Co. has signed for the largest space, eyeing a move to Airline Drive.