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LOS GATOS, CA -- Online commercial leasing site RealCentric.com is spreading its wings into the Austin, Tex., commercial market, with a Silicon Valley-specific launch slated for Q4.
AUSTIN-The buy-sell boom in Austin's commercial real estate market results in yet another transaction - the sale of the 132,900-sf Park North Office Building at 8200 and 8240 Mopac. The building is 97% leased.
ORLANDO-The 2,900-acre International Corporate Park is making its first sale in years. Dallas distributor Sierra Stone Inc. has contracted to buy 37 acres for a 200,000-sf distribution center. The estimated contract price is $3.22 million or about $2 psf. The park is zoned for 20 million sf of commercial.
PURCHASE, NY-On-line financial management company signs lease for 40,500 sf at RiverView at Purchase. Total commitment estimated to exceed $10 million.
DENVER-Two class A office structures, totaling 135,000 sf, bring $22.8 million from Farmers New World Life Insurance Co. Only structures inside the Denver Technological Center and a recent quiet sale of the Time Warner building have commanded higher prices.