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SAN DIEGO-Ward North America Inc. currently occupies the entire 11th and 15th floors and a portion of the 16th floor in the downtown tower, which currently carries the John Burnham & Co. name. Ward plans to expand into the 18th floor in August.
DALLAS-Money is still there to be had for Texas projects, say commercial real estate professionals. It's a little tighter than last year, but it's just caution on the part of lenders, who are keeping the state in check for the future to avoid reliving the past.
STAMFORD, CT-GE Capital Corp., will apparently stand put with its $7-billion financing proposal to Finova Group, despite news that rival Berkadia LLC has sweetened its offer for control of the bankrupt financial services firm.
SAN DIEGO-The speculative, mixed-use project includes two 60,000-sf, three-story office buildings on Mira Mesa Boulevard at Interstate 15. The developer is Monarch at Scripps Ranch LLC. The project is slated for completion late this year.
NEW YORK CITY-The first commercial real estate property to house its own onsite, privately-owned, co-generation facility will go up on the block between 57th and 58th Streets and 11th and 12th Avenues in Manhattan.
CAMBRIDGE, MA-Biotech companies here are reaping the benefits of the dot-com fallout as they grab the space the failing high-tech companies put on the market at a fraction of the price.
ORANGE, CA-A manufacturer of video products has inked a 10-year lease here for 57,636 sf of industrial space. The company will move its headquarters and manufacturing operations to the site.
SCOTTSDALE, AZ-The 330-unit Scottsdale Foothills Apartments brings about $21 million for the International Properties Group, based Calgary, Canada. The complex's value has been boosted by the ongoing development of Loop 101.
NEW YORK CITY-The first commercial real estate property to house its own onsite, privately-owned, co-generation facility will go up on the block between 57th and 58th Streets and 11th and 12th Avenues in Manhattan.