Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
HYATTSVILLE, MD-The marketing company plans to bring 400 jobs to Prince George's County to staff its high-tech call center. Prince George's Metro Center plans to expand one building to meet company's needs.
LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.
AUSTIN-Buda takes the reins to nearly 5,500 acres as a result of an Austin decision. The state capital's stringent ties that bind aren't prevalent in the suburb, meaning that the acreage is ripe for development.
SPRINGFIELD, MO-The Southwest Missouri association is unanimous choice about 10 years after an initial effort to join the federation failed. The association will cover more than 10 counties.
SAN JOSE-At its recent annual meeting in San Francisco, the 45-year-old family-owned brokerage firm made several announcements, foremost of which is that the company has joined the CORE Network.
FREMONT, CA-The Internet content delivery firm is leasing the third floor of Civic Center Place, a new four-story Class A building developed by Principal Capital Group. Tenant improvements are underway with an approximate move in date of April 1, 2001.
FAIRFIELD, NJ-The solid economy has sent prices sky-high, and if the year ahead turns out to be one of leveling growth or even a downturn, some of the players could move on, according to one report.
SEATTLE, WA-The central business district was hardest hit, with 47% of the total within its borders. Then again, says Colliers, there are currently tenants looking for 1.3 million sf in Seattle within the next six to 12 months.
BURNSVILLE, MN-Minneapolis Clinic of Neurology has signed 11,000 sf lease in a 52,000-sf office building being built here by Kellison Co. An attraction is the building's proximity to Fairview Ridges Hospital.
SAN FRANCISCO-Greenwich Capital Markets has hired executives from Merrill Lynch and Donaldson Lufkin Jenrette to bolster its San Francisco operations. "Our clients will continue to have seasoned professionals offering the most innovative solutions," says Greenwich managing director Ryan Mullaney.