SAN FRANCISCO-The Atlanta-based consultancy was going to take floors 18-25 in Tishman Speyer's 575 Market St. "We signed a 15 year lease, and we paid a lease termination fee and are now no longer involved with the property," confirms an iXL official.
MOUNTAIN VIEW, CA-One of the buildings, 1500 Crittenden Lane, is being sold to Goldman Sachs in a deal expected to close at the end of July. The second building, at 1401 N. Shoreline Blvd., totals 117,208 sf and lists at $41 million.
SACRAMENTO-According to CB Richard Ellis' Mark Demetre, who represents J.B. Co., there is still more than 168,000 sf available in the building leased by Microform. In addition, there is more than 225 acres remaining for future development within the park.
ELK GROVE, CA-The Lent Ranch Marketplace expansion awaits council hearings and final approval. The developers want to complete all necessary council related hearings by the end of May in an effort to open the mall as early as autumn 2003.
SAN FRANCISCO-The lessor is First World Communications, which had planned to occupy the third floor of 466 Townsend St. but due to construction delays chose not to make the move.
SACRAMENTO-The council purchased the property -- a five-story mill and more than 28 silos -- for $69,000 after the assessors office held an auction for the property no one bothered to bid on it.
SAN LEANDRO, CA-A new Century 16 Theater is open at the 40-year-old Bayfair Mall here, and mall owner Heitman Retail Properties of Chicago, says the $12 million project should do wonders for mall anchors Long's Drug and Macy's.
