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WHITE PLAINS-GHP Office Realty has closed 12 new lease deals at its office buildings here and relocated its corporate headquarters, leasing and management operations to One West Red Oak Lane.
DENVER-The Regional Transportation District Board will go up to $60 million and not a dime more to gain title to Union Station in LoDo. Appraisers are being hired to determine a station value so an intermodal hub project can proceed.
DENVER-Developer Bruce Berger is frustrated by a union-backed petition for a referendum vote on a $55-million subsidy for his convention center hotel project. He's holding onto hope in the midst of a controversy that pits constituents against council.
WASHINGTON, DC-The Federal Reserve's decision to cut interest rates by a half of a percentage point could help bolster the commercial real estate market, according to an analyst.
WHITE PLAINS-MetLife Inc. officials say that the company is close to finalizing deals that will involve relocating most of its New York City corporate headquarters workforce from One Madison Ave. to White Plains and Long Island City in Queens.
DALLAS-Come May 27, Costco Wholesale will cut ribbons on two more locations in the Dallas-Ft. Worth metroplex. The simultaneous openings will take place in Arlington and Southlake. Last fall, it had been Plano and Ft. Worth.
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.