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Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
MINNEAPOLIS-The firm says its new offices in Dallas and Newport Beach, CA will serve a national client base and help attract new business in the housing, retail, commercial development, environments for aging, education and justice markets.
SAN DIEGO-The San Diego chapter of BOMA has elected its new board of directors. Cybele Thompson, RPA of PM Realty Group and general manager of the La Jolla Executive Tower, will serve her second term as president.
LOS ANGELES-National commercial real estate services firm Studley has completed an office relocation deal for Salomon Smith Barney and represented Charter Communications in a build-to-suit purchase of an office center.
MINNEAPOLIS-One sign Pillsbury may be moving to the General Mills campus in Golden Valley is the company's recent decision to give up 130,000 sf in the 500,000-sf Pillsbury Center at 200 S. 6th St.
SEATTLE, WA-Asking rents in the new South Lake Union building aren't what the developers originally envisioned, but Bryan Syrdal says they're workable and the building is attracting tenants. The first to sign is the Seattle bio-tech company, Zymogenetics.
SCHAUMBURG, IL-Three recent deals include Computer Strategy Coordinators, Inc.'s renewal of 25,222 sf at Two Woodfield Lake, where space is offered at $23 per sf gross. Also, Stewart Title renews a 4,000-sf lease at 1515 E. Woodfield Rd.
HOUSTON-Four CB Richard Ellis brokers launch a tenant search for the flagship product in Panattoni Development's Beltway 8 Corporate Business Park. Panattoni is teaming with MetroNational on the 117-acre development.
GILBERT, MN-The Iron Range Resources and Rehabilitation Board, a regional economic development agency, will help Eagan, MN-based Delta Dental Plan of Minnesota finance and build a permanent 10,000-sf facility.
ENCINO, CA-A private partnership acquires 32,000-sf office building at 16000 Ventura Blvd. Brokerage firm NAI Capital Commercial will move into the complex next year.