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NEW YORK CITY-The deal came close to falling through, but Investors Bank & Trust has signed for 21,994 sf on Maiden Lane of the former IBM space in a $10-million deal.
ATLANTA-The locally based commercial real estate software supplier is testing Equity's Atlanta properties first before kicking off a national rollout later this year, covering all of entrepreneur Sam Zell's 99 million sf in 380 buildings in 24 states.
TUSTIN, CA-The 21,479-sf facility has changed hands in a 1031 exchange. According to area brokers, local investors and 1031 buyers are stepping up to the plate in the Southland's office market.
DALLAS-Its first-ever CEO and a new high-tech alliance set the stage for Octane Ventures LLC to develop and implement standards for online wheeling and dealing. Now, all that Octane must decide is which city becomes its official headquarters.
ALISO VIEJO, CA-The pharmaceutical company has signed a $1 million, five-year lease for 10,400-sf of office space at Aliso Viejo Town Center Corporate Park. It will serve as the Western Regional Sales Office for the company.
ORLANDO-The comatose economy has caught up to Orlando. In the first-of-a-kind survey, a University of Central Florida business research division ranks Orlando 24th among 61 metro areas having at least 500,000 payroll jobs. The ranking could affect future development growth and leasing activity, the study suggests.
NEW YORK CITY-The city has selected Moffat & Nichol Engineers to develop the construction design for a rehabilitation project at the South Brooklyn Marine Terminal and the Red Hook Container Terminal.
HOUSTON-H-E-B, Albertsons and Kroger are coming out full force to lead the pack in Houston's retail construction. The trend for grocery-anchored sites is stronger than ever, says a new report by Dallas-based Weitzman Group.
LOS ANGELES-Locally based Manning & Marder, Kass, Ellrod, Ramirez LLP sign on for some very plush space in a Downtown office building. The law firm inked a 10-year, $13.5-million lease for 47,272 sf on three contiguous floors.
DENVER-Cohen secures a $27-million, 10-year nonrecourse loan for the 206,000-sf Fiddler's Green building in Greenwood Village as well as $12.82 million for the 97,565-sf Creekside Office Building II in Inverness Business Park.