Office

BRISBANE CA-The Woodland Hills, CA-based real estate investment firm is buying the class A office building in Brisbane from Hitachi, which occupies 40% of the building. Earlier this month, Younan acquired the 59,000-sf Mowry office building in Newark, CA, for $7 million.<P>

ORLANDO-The three-year-old New York-based airline plans to break ground in the next 12 months on an 80,000-sf flight-training center and a 70,000-sf hangar near the recently completed Heintzelman Boulevard on the east side of Orlando International Airport.

WALTHAM, MA-Cornerstone Mortgage leases 7,200 sf at 196 Bear Hill Rd. The company, which signed a ten-year lease, needed additional space for growth and was looking for a stand-alone building.

NEW DEHLI, INDIA-Heeding its clients' interest in tapping India's English-speaking, highly educated workforce, the international corporate real estate advisor forms an exclusive partnership with a New Dehli-based real estate services company.

WESTBOROUGH, MA- Acquisition financing totaling $33 million is nailed down for the four-building, 372,679-sf Westborough Office Park. Holliday Fenoglio Fowler LP arranged the financing for Windsor Realty Fund-IV.

SOMERSET, NJ-The new Associated Title Agency, based at Prudential New Jersey's offices here, is a joint venture with Commonwealth Title-Monmouth Agency.

ATLANTA-Seven office buildings, previously considered for sale by their owners, are back on the table as part of separate transactions, Mark Lucas, a managing director and market leader in JLL's local office, tells GlobeSt.com.

LAFAYETTE, CA-The Lafayette-based purveyor of tenancy-in-common transactions is expecting its exponential growth during the first half of 2003 to continue, with projected year-end results in excess of 250 completed transactions and real estate value approaching $500 million.