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LONDON-Marks & Spencer, the UK's number one general retailer, is to pull out of its central London headquarters on Baker Street, London W1 and move to Chelsfield's Paddington Basin development.
MAPLE GROVE, MN-Carl Zeiss IMT Corp. will be the lead tenant in the Bass Creek Technology Plaza being marketed and developed by United Properties on behalf of site owner Lutheran Brotherhood.
DETROIT-Well-known financier of Detroit development Max Fisher earns praise from Wayne State University, which gives him an honorary Doctor of Laws degree for his commitment to economic, cultural and charitable causes.
ORLANDO-George D. Livingston, a longtime Central Florida developer, landowner and member of Virginia-based Corfac International, reviews for GlobeSt.com the pluses and minuses of CBDs, SOPs and CCs.
AUSTIN-The ongoing wave of California companies opening Austin offices continues. This time, Transwestern Commercial Services has snagged the tenant, California Micro Devices. The firm will occupy its Park Forest spot in July.
COSTA MESA, CA-A locally based developer has acquired a 1.6-acre parcel in Costa Mesa, in a deal valued at $1.3 million. The company plans to build a 26,000-sf office and retail project on the site.
MIAMI LAKES, FL-The New York-based firm is expanding its Latin American and Caribbean headquarters operations from its suburban Miami Lakes offices totaling 70,000 sf.
HOUSTON-A Colorado-based high-tech provider, Expanets, is boosting its Houston operation, signing for 29,446 sf at Bridgewood I. The 135,777-sf office building is a holding of Koll Bren Schreiber.
ATLANTA-The first-quarter revenue per available room is also down 4.6% as the locally based REIT begins selling off some properties. Funds from operations were $2.8 million or 26 cents per share versus $3 million or 28 cents per share in last year's comparable period.