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ATLANTA-Central Business District's 10% vacancy rate improves to 8%. Office tenants prefer Midtown because it's closer to trendy areas while government agencies and law firms like Downtown because it's close to the courthouse.
DALLAS-More deals and higher dollar count have driven Dallas-based Holliday Fenoglio Fowler to a record-breaking first quarter. It's all thanks to lower interest rates and a leveraging of real estate assets by institutional investors.
SILVER SPRING, MD-Social & Scientific Systems has decided to consolidate its offices throughout Maryland into 88,230 sf at 8757 Georgia Ave. here. Also, J&E Associates has leased 5,906 sf.
SAN DIEGO-A biotech research company is getting ready to move into two buildings totaling 97,500 sf later this year at Eastgate Pointe in the University Towne Centre area.
HOUSTON-Myers & Crow is gearing up to break ground on two more buildings at its NorthBelt Office Center. The Dallas-based developer has bought about 10 acres for two more buildings, totaling 106,050 sf.
MIRAMAR, FL-Hamilton Sundstrand Services acquires 85,000 sf of industrial-warehouse space and real property for $8.5 million in a deal with the aviation repair company based in this city, 16 miles north of Miami.
ATLANTA-Central Business District's 10% vacancy rate improves to 8%. Office tenants prefer Midtown because it's closer to trendy areas while government agencies and law firms like Downtown because its close to the courthouse.
PALO ALTO-The senior-living affiliate of Hyatt Corp. plans to develop a continuing-care retirement community on 22.4 acres adjacent to the university campus.
FRAMINGHAM, MA-Genzyme Corp., a biotechnology and health care products company, plans to develop a 300,000-sf manufacturing plant here next to the company's existing campus. The plant is part of a company strategy to increase its manufacturing capacity.
TEWKSBURY, MA-A proposed land swap deal here that involves exchanging private land for a parcel from the local state-run hospital for development by a well-connected local businessman faces opposition from local residents as well as state politicians.