Office

LONDON-Compco Holdings has bought a group of historic buildings in Midtown from the Prudential. The 42,000 sf of offices, dating from 1545, are thought to have strong growth prospects.

BOCA RATON, FL-The real estate investment trust reports the weighted average gross rental rate on new leases signed increased $12.39 per sf over the second quarter.

AURORA, CO-A location where most of its employees live helped drive Land Title Guarantee Co.'s decision to lease CMD Realty Investors' Forum recently renovated building at 14001 E. Iliff Ave.

SAN DIEGO-While other high-tech firms are laying off thousands, a semiconductor manufacturer has expanded into a new, larger facility in the Rancho Bernardo area.

WASHINGTON, DC-The rise is seasonally adjusted. On an unadjusted basis, the measure rose 7.1%, and was up 75.8% compared with the same week last year.

CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.

LOS ANGELES-The renovation of the 70,605-sf facility is being celebrated today with a ribbon-cutting ceremony. Touted as West Hollywood's first class A office building, the property formerly housed the Playboy Corp.'s headquarters.

BELLEVUE, WA-While much of the printed word of late has focused on the gruesome situation many Eastside office building owners are facing, not enough has been said about the glorious opportunity it presents for those still able to take advantage -- and their brokers.