Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
HOUSTON-The local REIT pays $8.3 million for Pima Norte, a five-building office condo project in Carefree, AZ. The 50,000 sf will be leased rather than sold as condos.
SANTA ANA, CA-Sukut Construction Inc. will build the roads and underground infrastructure on the 4,000-acre first phase of the 13-square-mile master-planned community.
LAS VEGAS-Three different ownership groups are looking to sell as one their six contiguous parcels. The acreage, abutting Interstate 15, could fetch $6 million per acre.
PARSIPPANY, NJ-DuPont's Belco Technologies will use the space at 9 Entin Rd. as its divisional headquarters, moving a short distance from its current space.