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ATLANTA-The 41-story, 670,000-sf, 65%-preleased class A structure nearing completion in Midtown is "the first high-rise office building in the world" pre-certified for Silver status in the Leadership in Energy and Environmental Design Core and Shell Development program, says Hines vice president Kurt Hartman.
BLAINE, MN-The $7.5-million project is the first phase of Lexington Preserve Business Park, a 140-acre site on the northwest quadrant of Lexington Avenue and Interstate 35W. A portion of a site was once slated for a new Minnesota Vikings stadium, and that option remains open.
HOUSTON-The local firm, eLinear Solutions, completes the move into a 25,000-sf building subleased for headquarters and operations space. Tomorrow, eLinear Solutions puts the HQ and a solutions and demo center on parade for its customers.
SEATTLE-The 162-unit Alcyone opens this week as the first new residential development in the Cascade neighborhood. The local developers, Harbor Properties and Vulcan Inc., expect to have the development stabilized at 90% occupancy in January 2005.
WASHINGTON, DC-Brookfield Properties Corp. becomes the official owner of Edison Place, a 550,000-sf office tower, with the closing of a $167.1-million acquisition of the class A property. The three-year-old building is home to the corporate offices of energy company Pepco.
BELLAIRE, TX-Medical Research Consultants takes the first chunk from the ConocoPhillips space in the Chase Bank Building, signing for the balance of the energy giant's term. The office space hit the market at $8 per sf gross.
HOUSTON-Noble Energy shifts records storage for onshore and offshore activities from two nearby office buildings into 5,501 sf at 340 North Belt Place. The new deal lifts the class B building's occupancy to 83.4% from 76.4%.
LOGAN TWP., NJ-The sprawling facility, which would be used to distribute to the Northeast markets, would be the first company-owned terminal in the US. A 2008 completion is anticipated.
DENVER-Colorado's grades ranged from a high of "B+" for aviation to a low of "D+" for roads in the 12 major infrastructure components focused on in the report by the American Society of Civil Engineers.