Office

NEW YORK CITY-We're on the threshold of war, there are no jobs, the Bush tax plan is a dubious bet and business confidence is still in the dumpster. So why is Mark Zandi so upbeat?

DENVER-The country's fifth largest cable TV company, plans to move its corporate headquarters to Denver if the bankruptcy court approves.

GLENDALE, AZ-The buyer, a family-owned investment group, gets a fully leased 19,141-sf office building, stable tenant roll and prime location along West Olive Avenue. The asset had been on the market about eight months.

PHILADELPHIA-The Browns Summit, NC-based garden parts and equipment supplier whistles a happy tune after signing a 26,970-sf lease for space in Keystone Property Trust's 7520 Morris Ct. in the Westpark Business Center in Allentown, PA.

ROCKVILLE, MD-The University of Maryland Biotechnology Institute gets good news with the governor's recent allotment of funding from the fiscal 2004 capital budget for the $50-million development of the Center for Advance Research in Biotechnology II.

PORTLAND-The president of Portland-based Harsch Investment, a major player in several Western real estate markets, will give a presentation on how Portland stacks up against the rest of the West Coast. US Bancorp's Western Regional Economist John Mitchell also will be on hand.

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.