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WASHINGTON, DC-The $33 million sale of 1225 New York Ave. NW, reunites it under a single owner with its Siamese twin counterpart, 1201 New York Ave. They are actually part of the same building built in two stages.
PHOENIX-The third largest brokerage firm in metropolitan Phoenix will get even larger over the next two years. As a result, the firm is leasing more office space in a new office development at the heart of the Camelback Corridor.
NEW YORK CITY-The Waldorf Hotel was the scene of PACT's conference at which businesses gathered to examine the relationship between real estate and construction in the world of e-commerce and e-business solutions.
NEW YORK CITY-During the last 15 months, the REIT has repurchased more than 204,000 of its own common stock at an average price of $4.94 per share as part of its 400,000 buyback program.
WOODBRIDGE, NJ-Brokerage firm's recent activities include everything from the sale of a two-building office complex to a 2,200-sf lease signed by a software company.
AUSTIN-Two high-tech operations have secured an aggregate $43.5 million in funding from Texas venture capital firms. The Richardson and Austin businesses will use the coffers for branding, development and marketing their wares.
PHOENIX-Retail vacancy has dipped to its lowest point in more than a decade, as demand for space continues to outpace a record amount of new construction.
AUSTIN-A selective membership has been bestowed on two NAI/Commercial land specialists. Kurt VanderMeulen and Joyce Jane Weedman have been appointed to the NAI Land Council, offering worldwide resources for clients.
RED BANK, NJ-Projects are slated statewide, with sitework already underway for the new group's initial effort, the 394-residence in suburban Monroe Twp.