Office

CHICAGO-A 69-story building would replace a parking lot at 111 W. Wacker Dr. with 320,000 sf of office space and 240 condominiums. The corner of Wacker and Clark Street has been undeveloped for more than 30 years.

MCLEAN, VA-Temporary office space provider Teqcorner gets four new tenants. Area demand for turnkey, temporary digs continues to be a growth market despite a dramatic decrease in the number of start-up companies.

AUSTIN-A New York investor steps up to buy a 9,214-sf building along Camp Craft Road. The buyer gets a tenant signed to a five-year lease. ASC Management was seeking $1.7 million for the one-year-old structure.

HOUSTON-The Houston law firm of Jones, Day, Reavis & Pogue will move into 54,600 sf on the top two floors of the 689,000-sf CBD high-rise. The signing pushes the project to 56% pre-leased.

SOUTHBOROUGH, MA-The Archon Group sells 120 Turnpike Rd to TA Realty Associates for $11.7 million or $148 per sf. The building is fully leased with good credit tenants.

AUSTIN-In all, 11,776 sf is spoken for in a submarket with a 17.5% vacancy. Celite Systems, which already occupies 11,156 sf, took another 3,476 sf from Sun Microsystems at Lakewood on the Park.

NEW ROCHELLE, NY-An affiliate of GHP Office Realty of White Plains reports it has purchased 145 Huguenot St., a 300,000-sf office building in downtown New Rochelle.

AUSTIN-The Scheffe Group is actively looking at two sites in Bee Cave and one in Austin's northwest submarket. The next project will have a bigger footprint than the 25,000-sf Juniper Ridge.