Market Tools, a web-based research company is consolidating three offices when it moves into its new digs at 1 Belvedere Place. The property is owned by Lehman Brothers. When complete, the $30 million project will comprise two buildings, along with a parking structure. MetaTV, the other new kid on the block will be joining current tenant Charles Schwab & Co.
Haden Ongaro of listing agent Orion Partners Ltd. states, "The average lease rate in southern Marin has been between $4.60 and $5.50 per square foot. When we first started, we were quoting at $4.00. It's been aggressively going up from that."
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