SAN FRANCISCO-Including a full-floor lease by the California Appellate Project signed this month, brokers now have filled six of the eight floors vacated by Arthur Anderson last fall. The four-year-old property is owned by Cousins Property and Myers Development.
SEATTLE-The gift will help the University of Washington fund a 265,000-sf facility in the University District that will be shared by the departments of Genome Sciences and Bioengineering.
INDIANAPOLIS, IN-The broker in the transaction tells GlobeSt.com the three properties in the portfolio are still in the lease-up stage, so the properties were cross collateralized to provide more security for the lender, TIAA-CREF.
HONOLULU-The real estate subsidiary of publicly traded Alexander & Baldwin Inc. has signed a letter of intent to be a joint venture development and financial partner for a 40-story luxury residential tower that is more than 90% pre-sold.
WOODLAND, WA-City and county staffers here tell GlobeSt.com the big-box retailer has submitted for site plan approval to develop a high-cube distribution facility on 34 acres near Exit 21 off Interstate 5. Dollar Tree recently acquired 58 acres at Exit 14 for a 650,000-sf distribution center.
OAKLAND, CA-Boornazian, Jensen & Garthe takes 18,715-sf on the 18th floor of the 486,000-sf Downtown office tower completed in 2002. The 21-story building is owned by a 50-50 partnership of the State Teachers Retirement System of Ohio and a fund that includes San Francisco-based Shorenstein Co., which also manages the building.
PORTLAND-Wright Runstad lets Copper Mountain Trust buy out of its lease more than three years early and uses the proceeds to work a long-term lease deal with the law firm, which will relocate and expand from the smaller 15th floor of One Main Place at the end of October.
SAN FRANCISCO-The global financial services company occupies about one-quarter of the 43-story, 734,341-sf Class A building, which is owned by a European entity and managed by San Francisco-based Rreef.
KANSAS CITY, KS-Located in a master-planned suburban corporate office setting in Overland Park, the 21-building portfolio offers over 2.2 million sf of Class A and B office space. Northwestern Mutual provided the funding.
ATLANTA- Citing concerns for the health of attendees, CoreNet decides to cancel the Toronto Global Summit set for May 3 - 7. Approximately 1,600 people had registered to attend the event.
