Office

The agency gave the go-ahead for the Related Beal project that calls for the redevelopment of seven parcels in the Fenway neighborhood known as 533-541 Commonwealth Ave. and 650-660 Beacon St.

The occupier representative opens a new office in Orange County with Mark Bennett at the helm, as demand for occupier services grows in the market.

In its announcement, the company revealed that Newmark Group chief operating officer James R. Ficarro resigned from the company, effective Nov. 14.

The new Ogden Commons development will offer mixed-income housing, retail and office space across 10 acres.

“The National offers everything that investors nowadays expect of a hausInvest investment, a redeveloped landmark building in a prime location geared to modern users at an attractive price with a reliable cash flow and the potential for value appreciation through active asset management,” says Henning Koch of Commerz Real.

The submarket stands in stark contrast to the broader Houston office market and is healthier in comparison; where it's on track to record a fourth consecutive year of positive net absorption.

With the 85,000 square-foot deal, Fisher Brothers' renovated Midtown building is 93% leased.

The Catalina swimsuit maker increased its footprint, signing a more than 10-year lease at Adams & Co.'s 463 Seventh Ave. building.