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PETALUMA, CA-A first-quarter report from Orion Partners Ltd. finds the Marin County market has softened but is still at the historic average vacancy rate of about 10%. In nearby Sonoma County, office vacancy rates increased to an overall rate of 7.1% in the first quarter.
IRVING, TX-The 6565 MacArthur at Sierra, a 256,000-sf office structure in Las Colinas, has a new leasing and property manager. Cousins Stone starts its search to fill 109,000 sf, most of which had been held by Nokia.
LAS COLINAS, TX-The move is complete for a one-time Colorado company that has settled in Texas. The Walnut Hill Court headquarters is open and hiring's started at Timera, part of Union Pacific's Fenix high-tech holding company.
NEW YORK CITY-Long Island vacancy rates have only decreased 0.5% and rental rates continue to climb, according to of Cushman & Wakefield of Long Island.
AUSTIN-The Lynxs Group is partnering with a Jackson, MS business to build a 450,000-sf air cargo facility at Jackson International Airport. The first 60,000 sf will deliver in second quarter 2002.
AUSTIN-Insignia/ESG's Austin office has picked up another leasing and management contract, taking the team to 950,000 sf in the past year. This time, Insignia gets the 190,000-sf trophy building being vacated by CSC.
SEATTLE-GreenWorld 2001, scheduled for May 17, is a one-day community forum on "sustainable" design created to explain and discuss a variety of design methods. The program will feature an interactive panel discussion entitled "Greenwashing: When Green Isn't Green.
MINNEAPOLIS-Wells Fargo will pay up to $50 million to renovate the 950,000-sf office complex for its mortgage subsidiary. Its estimate for the work at the former Honeywell corporate headquarters was $20 million.
AUSTIN-HDR Engineering has signed for 30,000 sf at the recently completed 150,000-sf Wells Branch Tech Center. An expanded state contract drives the need for more space. And within a year, the firm just might exercise an option for even more office space.