Office

CHICAGO-As part of the merger with LaSalle, Bank of America will move its commercial real estate banking headquarters to Chicago from Atlanta.

SANTA CLARA, CA-The publicly held cell phone chip maker from San Diego buys the 320,000-sf single-story campus from Irvine-based LBA Realty, which picked it up in 2005 for $46 million.

LAS VEGAS-Absorption normalizes in the face of above-average construction activity, pushing vacancy to its highest point since the turn of the century, according to a new report.

DALLAS-Chicago Title, with four aggressive offers to weigh, keeps keys to the 17th floor or 26,203 sf of class A office space in the CBD's Bryan Tower.

BEDFORD, MA-One report by Meredith & Grew is registering 3.1 million sf of positive absorption YTD for the north office market.

LAS VEGAS-The casino operator makes several personnel shifts in early preparation for the November 2009 opening of the company's $7.4-billion mixed-use development on the Strip.

It is more important than ever that property managers improve operational efficiency to enhance margins, cash flow and overall business performance.

NEW YORK CITY-Even with the credit crunch and a slowdown in leasing in the third quarter, Manhattan office rents hit an all-time high.