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LOS ANGELES-Royal Indemnity Co. will expand its office by 6,068-sf in the 801 N. Brand Building, giving it a total of 33,532 sf. The five-year lease is valued at more than $5 million.
AUSTIN-Brokers differ on the city's state of affairs. And the subject is nearly as sensitive between friends as politics and religion. But the city's not alone in negative net absorption in Q1, says Boston-based Torto Wheaton research.
LONDON-The UK government's policy of clamping down on out of town retail development is now bearing fruit, and completions during 2000 stood at the lowest level since 1992.
OAKLAND-The new company, tentatively named Terravid Management Co., reportedly includes a Mill Valley restaurateur, the founder of Terranomics Development company and a former Starwood Hotels and Resorts Worldwide Inc. executive and chef.
NEW YORK CITY-The war between CBDs and suburbs is fought in local skirmishes, with demands of native business and the locale's ability to support them drawing tenants in or pushing them away from our center cities. As a result, there is no clear-cut winner in the space race.
BOSTON-The Boston Marriott Copley Place, the second-largest hotel here, is rumored to be on the market with reports indicating that locally-based Westbrook Partners LLC is interested in acquiring the 1,147 room hotel.
SAN DIEGO-After just two years developing office projects in North San Diego County, Kilroy Realty Corp. has passed the symbolic one-million-sf mark, and isn't slowing down a bit. Ground will break soon in Del Mar and Sorrento Mesa.
NEW YORK CITY-The war between CBDs and suburbs is fought in local skirmishes, with demands of native business and the locale's ability to support them drawing tenants in or pushing them away from our center cities. As a result, there is no clear-cut winner in the space race.
DALLAS-A local investor has outdone at least seven others jockeying for 10,500 acres within a 30-minute drive of Dallas. It's highly unlikely that the property will remain a working cattle ranch for much longer.
LOUISVILLE, CO-Income Property Specialists is attracted to the fully-leased 20,000-sf retail project's location along the growing US 36 corridor. IPS also has the 28,000-sf second phase under contract.