OAKLAND, CA-Healthcare Financial Solutions will relocate its primary office next spring to about 15,000 sf in the Oakland City Center building from about half as much space in the nearby Ratto Building at 825 Washington St.
KIRKLAND, WA-Currently leasing a location in Redmond, the growing financial services firm pays $12.5 million for a 59,000-sf, two-story building here that was completed in early 2002 but never been leased or sold.
SYDNEY-The locally based Australian-listed property trust makes its first offshore acquisition, buying an 80% stake in two class A office buildings in Downtown Wilmington, DE, for $90.2 million.
SAN JOSE, CA-After perusing the market, the locally headquartered law firm opts to remain on the 11th and 12 floors of the 16-story, 300,000-sf office building Downtown.
PORTLAND-The nation's largest provider of apartment and new home directories acquires an apartment directory serving the local market from Traditional Publishing LLC, giving it instant traction in the Portland region.
OAKLAND, CA-The Dallas-based REIT sells 2.5 acres Downtown for $25.5 million to the Catholic Cathedral Corp. of the East Bay. Prentiss acquired the one-time office development parcel in 2000 in a $63.3-million deal that included the adjacent Lake Merritt Tower office building.
PORTLAND-The property management assignment for the 123,000-sf Downtown office building moves from CB Richard Ellis, which added the assignment through its acquisition of Insignia/ESG, to the local office of Seattle-based GVA Kidder Mathews, which is comprised largely of former Insignia talent.
CHARLOTTE, NC-Inland Real Estate Corp. of Oakbrook, IL pays $42 million for a 429,531-sf power center here and Portland Investment Co. of Los Angeles pays $25 million for a 194,488-sf power center on Greenville, SC.
SEATTLE-Vulcan Inc. awards another 972,000 sf of real estate services work to Trammell Crow Co., which now provides services to virtually all Vulcan-owned assets in the Puget Sound region.
TORONTO-The locally based real estate investment trust acquires a 50% interest in Millcroft Shopping Centre, a 371,000-sf unenclosed retail property in Burlington, Ontario, that was constructed about five years ago and is approximatetly 97% leased.