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ATLANTA-The Airport Distribution Center's Building Two filled up fast as two national companies sign leases totaling 405,000 sf. The estimated aggregate value of the transactions is $15.4 million.
SAN FRANCISCO-Cashing in on the real estate boom, the San Francisco company will give up its 49th floor digs and move down eight floors, where Morgan Stanley Dean Witter & Co. also will reside.
ORANGE COUNTY, CA-Deals totaling $35 million were brokered by Colliers Seeley's Irvine office and include leases by expanding local companies, as well as a parcel that one developer sold to another developer.
SAN DIEGO-The hot University Towne Center area gets even hotter as another biotechnology firm signs a lease near retail-rich University Towne Centre mall.
SAN FRANCISCO-REITs, REOCs, property management companies and industry consortiums can license the new platform to establish private e-marketplaces, where users can enter important information critical to property management, asset date and descriptions.
ROCKVILLE-MD-A district court has ruled that the recently submitted plan meets all the confirmation standards required by the bankruptcy code. To resolve objections by Merrill Lynch and German American Capital, the plan won't become effective until March.
RYE, NY-Reckson Associates Realty Corp.'s president Scott Rechler says that emerging technologies have radically changed how commercial property owners run their businesses and level the playing field between large and small property firms.