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NORFOLK, VA-Harbor Group International, based here, purchased the 16-story, 650,000-sf Indianapolis trophy property from National Office Partners. The twin towers, which take up a city block, are nearly fully leased.
FALLS CHURCH, VA-The broadband provider that boasted several giant real estate firms as corporate partners--and had the backing of Microsoft and Sun Microsystems--has filed for Chapter 11 protection.
SAN DIEGO-Crews broke ground in August 2000 on the Aztec Athletic Center/Hall of Fame at San Diego State University, and the project is on target for completion this summer.
FALLS CHURCH, VA-REITs that had teamed up with beleaguered BroadBand Office found themselves scrambling to make sure the fraction of their tenants using the company's services aren't suddenly cut off.
HOUSTON-UniLev Capital Corp. has added the 619,000-sf Phoenix Tower to its Houston portfolio. The investment firm, which has been buying Houston properties for the past decade, has put up $66.5 million for the class-A property.
HOUSTON-Hines and Benchmark Hospitality have opened the doors on the $43-million, 214,000-sf The Chattanoogan, a hotel and conference center. The Tennessee project has been one year in the making.
CHICAGO-Proving it's not how you start, but how you finish, indications are that Boeing Corp. will move its executive suites from Seattle to 100 N. Riverside Plaza in the West Loop. An announcement could come today.
AUSTIN-The investment banker, Stephens Inc., has made its Austin inroad more permanent, signing a five-year lease for a class-A spot in 100 Congress. The Arkansas-based firm has been working out of an executive suite in the building for a month.
BOSTON-A Massachusetts Turnpike Authority official comes out in favor of height limits on buildings built over the Massachusetts Turnpike. This is a switch for the Authority, which has supported large projects to pay for the Big Dig.
BELLEVUE, WA-The company created by the merger of Mulvanny and G2 Architects recently occupied the top three floors of the 134,000-sf MulvannyG2 Building it designed for Hines' 480,000-sf One Twelfth @ Twelfth office complex in Downtown Bellevue.