Office

HOUSTON-Manhattan Resources slides into the 25-month balance of Ultimate Staffing Services in One Houston Center. The inbound tenant has relocated from the FM 1960 submarket while the outbound tenant shifted its CBD team to the Gallera/West Loop.

BIRMINGHAM, MI-Two facilities now offer their owners better use for their dollar as Key Plastics relocates from multiple floors to one and a medical office building receives a $7.3 million loan for refinancing.

AUSTIN-The law firm of Dewey Ballantine becomes the fifth tenant to pre-lease office space in Cousins Properties' Congress at Fourth. The 35,000-sf, 10-year lease carries the 525,000-sf tower to 34% filled, with the opening still 10 months away.

WASHINGTON, DC-In a deal between seller F Street Group and buyer Grosvenor Atlantic Ltd. the building at 1777 F St. gets snapped up for $17 million. The structure is currently valued at $10.5 million and is fully occupied by Federal Housing Finance Board through 2006.

AUSTIN-Cousins Properties signs the largest tenant so far for the roster at its 525,000-sf Congress at Fourth, slated to deliver in November. Graves, Dougherty, Hearon & Moody law firm, signing for the long term, takes the pre-leasing level to 27%.

WASHINGTON, DC-The Atlantic Building is in for a renaissance, as CarrAmerica Realty Corp. and Douglas Development announce their plans to redevelop and expand the historic downtown structure at 930 F St. Upon its scheduled 2005 completion, the corner property will feature 290,000 sf of office and retail space.

SACRAMENTO-The California Department of Food and Agriculture is opting for an expensive relocation plan during its 18-month renovation, which will completely transform the department's 76-year-old building. The double move is estimated to cost an extra $900,000, which opponents say is unnecessary.

ARLINGTON, VA-Developers of One Liberty Center are now in receipt of a financing package for the amount of $76.6 million. The 315,000-sf office building is just one phase of a multi-faceted project that will result in the 1 million-sf mixed-use development Liberty Center.