Search Results

RESTON, VA-Cable & Wireless leased 77,000 sf at the Sallie Mae corporate campus here after the student loan agency downsized its own staff.

PORTLAND-Initial rental rates are slated to be under $30 per sf for lower floors in the building, which listing agent Joe Vaughan of Norris Beggs & Simpson says should draw potential tenants from more expensive West Coast markets like Seattle and the San Francisco Bay Area.

NEW YORK CITY-Roger Kahn moves from Grubb & Ellis to senior VP of management and construction at the REIT.

DALLAS-The Staubach Co., based in Dallas, is beefing up its national office count, adding Detroit, Columbus and Bethesda, MD, to its roster. The firm hires two major players and taps two in-house to head the teams.

LAFAYETTE, CA-After a transaction-heavy third quarter, Bedford Property Investors announced a per-share FFO of 61 cents a share, a 13% increase over the same 1999 period for the locally-based REIT that invests primarily in suburban office and industrial properties.

MILLBURN, NJ-The two industrial parks, owned by Alard Realty adn comprising nearly 320,000 sf, are located in Carteret and Rahway.

TUKWILA, WA-The San Francisco-based pension fund adviser is looking to sell two Puget Sound area office properties totaling more than 260,000 sf. The company is asking a total of $42.3 million for the properties, virtually double the amount it paid in the mid-1990s.

WASHINGTON, DC-Dotcoms account for only 7% of the leasing in institutional quality space in Internet-heavy Northern Virginia, according to a new study by Trammell Crow Co. "The data says that the market is not some house of cards built on shaky credit," one official said.