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Mapeley has started marketing 155,000 sf in the Euston Tower - the largest block of space available in London's West End. The letting campaign will be watched as a measure of current occupier demand.
CHICAGO-Commercial real estate developer and investor Jupiter Realty Corp. buys four South Carolina warehouses with 510,400 sf from Duke-Weeks Realty Trust. The properties are in an industrial park 10 miles west of Spartanburg.
RANCHO CORDOVA, CA-The insurer takes 139,760 sf of office space in two B&Z Properties' buildings that are connected by a temperature-controlled breezeway.
DALLAS-A Dallas-based law firm has snagged an extra 22,002 sf in a sublease pact with Computer Associates. McKool Smith, which leases some 50,000 sf, is moving into the extra space at The Crescent in August.
ORLANDO-Appeals Court sends bizarre land deal case back to Circuit Court for a new trial, possibly in October, GlobeSt.com learns. Meanwhile, Universal's 70-acre, $100-million vacation rental venture in southwest Orlando is on hold until the issue is resolved.
ORANGE COUNTY, CA-As the lack of new construction keeps demand for industrial product high in Orange County, the region's industrial market has remained fairly stable, according to a recently released report by Voit Commercial Brokerage.
HOUSTON-A Houston-based charitable trust is looking to make some quick money on a property in the city's near west submarket. The new owner to a 4,791-sf retail building and 11,652 sf of land has just closed the buy and has it back on the market.
LONDON-CB Hillier Parker's latest UK Rent and Yield Monitor shows property values falling in West End offices and high street retail. Occupier demand is patchy and rental values have eased back in some markets.
BOSTON-Developer Frank Keefe reportedly has his eyes on Saint Anthony Shrine, the Franciscan Friar's chapel here in the heart of Downtown, into a 30-floor office tower. The $200-million project would replace one of the area's most well known chapels.
CHICAGO-Commercial real estate developer and investor Jupiter Realty Corp. buys four South Carolina warehouses with 510,400 sf from Duke-Weeks Realty Trust. The properties are in an industrial park 10 miles west of Spartanburg.