WHITE PLAINS-A panel of Westchester-Fairfield real estate brokers and developers agree that the year 2000 was an exceptional year for leasing volume and absorption and that it will be tough to beat this year.
SAN JOSE-After five years out of the market, the locally based purveyor of channel marketing Websites has re-leased 193,000 sf at Spieker's Creekside Technology Center here on Fox Drive. It also is busy developing office space on property it owns across the street.
SECAUCUS, NJ-The NY-based publisher and distributor of children's books, including the highly successful Harry Potter series, will use the space as its new information services center. Grubb & Ellis brokers arranged the deal.
NEW YORK CITY-Last month alone approximately 1.8 million sf of space was leased or sold in just Manhattan in all of the market sectors. The majority of it was office space.
ATLANTA-The country's largest direct-mail marketing company will move its metro area processing center in April from its current 115,000 sf location in Fulton County to a 144,500-sf headquarters structure at Riverside Business Park.
BALTIMORE, MD-T. Rowe Price has signed a 29,564 sf lease expansion for the Baltimore Building for an undisclosed amount. This brings the 272,178 sf, 28-story office tower to 100% occupancy.
WASHINGTON, DC-A March 2 deadline for public comments has been imposed by the Federal Reserve Board for its proposal that, if adopted, would allow national bank subsidiaries to broker real estate transactions.
SAN JUAN CAPISTRANO, CA-Local retailer of snowboards and skates is expanding with a new lease for a location at the Gotcha Glacier Project in Anaheim, which is scheduled for completion in 2002.
CLEARWATER, FL-The 102-year-old, Miami-based department store chain is taking 65,000 sf for 15 years at the 90,011-sf Village at Countryside where it will house a Burdines Furniture Gallery, 80 miles west of Downtown Orlando. The estimated value of the lease is $12 million. The store sold its 180,000-sf location at the nearby Clearwater Mall for $4.75 million or $26.39 per sf.
ROMEOVILLE, IL-The state-of-the-art industrial facility is now 60% pre-leased before its scheduled opening in early 2001. Features include its immediate access to I-55.