Office

RALEIGH, NC-The region around Cary, NC, just west of Raleigh, has become one of the fastest growing office submarkets in the Triangle.

DALLAS-Realty Capital has signed Kennedy-Wilson as its exclusive leasing agent for a 35,000-sf spec office project in Plano. The two-story building will come to market in August 2001.

HOUSTON-Camden Property Trust expects to end the year on a high note, based on results from the third quarter. The FFO's up; revenues are too and so are occupancies--all positive signs that the tide is turning.

REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.

NEW YORK CITY-Last night in the posh Metropolitan Club, speakers invited by Cushman & Wakefield to speak on the future face of the commercial real estate market pronounced this city's future the brightest of all.

CHICAGO-1031properties.com has signed alliances with PropertyRover, StreamingVoices.com, Ameriquotes.com and Tax Deferred Services. It has also launched two new services, the Multimedia Center and the 1031 Intermediary finder service.

MACON, GA-After increasing occupancy by nearly 30%, Ocwen Federal Bank is unloading Highridge Centre, a four-story, 195,252-sf asset just off Interstate 75.

NEWNAN, GA-The first component of a mixed-use project here is a six-acre office park geared to small high-tech business. The first buildings will be four one-story office structures designed and wired for high-tech use.