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LONDON-The UK commercial property market has shown a significant slowdown, according to a new survey from agents GVA Grimley and the Confederation of British Industry.
NATICK, MA-REON Broadband establishes a partnership with Franchi Management Company Inc. The internet and broadband service provider will offer high-speed internet and other broadband services to eight of Franchi Management's commercial office buildings throughout the Metro West area.
ATLANTA-The 55-year-old, Toronto-based engineering, consulting and management firm, with a three-year-old Atlanta presence, is relocating its U.S. headquarters to 66 Perimeter Center East from Chamblee Tucker Road in July. The five-year lease has an estimated aggregate rent value of $2.1 million.
SOUTHFIELD, MI-The Chicago-based real estate firm focusing exclusively on the business space user moves to the center of Southeast Michigan market activity. The office previously had been located in Bingham Farms, MI.
ORLANDO-The Atlanta developer has won an OK from Orange County's planning committee but still has to satisfy residents demands for more space between the proposed single-story, 250,000-sf commercial project and nearby homes.
ORANGE COUNTY, CA-Private developer Tim Strader Sr. and his partners win the planning commission's approval to build a 10-story office tower in Newport Beach. Under a new law, the project now also needs to win a public vote.
LONDON-The UK's key regional office markets are now increasingly short of prime space. With little new space coming to market over the next year, rents are expected to rise, according to a DTZ report.
SAN ANTONIO-The Walsh, Anderson, Brown, Schulze & Aldridge firm is moving into an 8,655-sf spot in the premier 298,2890-sf One International Centre. The specialty law firm also has offices in Austin and Irving, TX.
NEW YORK CITY-The first commercial real estate property to house its own onsite, privately-owned, co-generation facility will go up on the block between 57th and 58th Streets and 11th and 12th Avenues in Manhattan.
CHULA VISTA, CA-The Booming Otay Ranch area is getting another educational facility as district officials prepare to break the seal on the 60,000-sf Heritage Elementary School. The school includes nine single-story buildings and is slated for completion this month.