Office

LONDON-Southside Capital--a joint venture between Taylor Woodrow, Kilmartin Property Group and Bank of Scotland--has lodged a planning application for its Pound 400 million ($580 million) redevelopment of the Royal Infirmary site in Edinburgh.

BETHESDA, MD-The Food and Drug Administration leases the 60,000-sf Montrose Metro Two building all for itself. The Guardian Realty development will be completed this summer and FDA staff is slated to occupy the four-story property in December.

DENVER-The consolidation of the Rocky Mountain News and Denver Post under one roof could result in the largest Downtown office lease in about a decade. Options include the new Legacy Plaza or Denver Post Tower, which is owned by Equity Office Properties Trust.

MIAMI-Metropolitan Life Insurance Co. of New York sold the three-story, 69,708-sf, 87%-leased Brandywine Center I office/restaurant complex in West Palm Beach, FL for $7.04 million or $100.57 per sf in March, as GlobeSt.com previously reported.

AUSTIN-A 30-member business contingent makes its second trip in two months to drum up new trade for Austin and its surrounding communities. The tactic worked before and the Greater Austin Chamber of Commerce is betting it will work again.

HOUSTON-TradeSpark moves into 18,748 sf at 1301 Fannin, a class A CBD property that's now 90% occupied. The tenant is an energy brokerage consortium with Cantor Fitzgerald as a lead player. In light of 9/11, it was decided to expand locally.

WASHINGTON, DC-The $60-million mixed use development known as Terrell Place is well under way with construction having already begun on the 480,000-sf, multi-structure complex.

NEW YORK CITY-Good Jobs New York lambastes city and state mechanisms for meting out Downtown redevelopment funds. Lack of accountability, the absence of an affordable-housing requirement and a big-business cash grab are the group's major concerns.