Brause breaks ground on phase II of MetLife Plaza
Jul 3, 2002
Phase II of the 282,000 sq. ft. MetLife Plaza in Queens, N.Y., is under way. New York-based owner Brause Realty Inc. broke ground on the 12-story project,...
GE Asset Management buys Independence Wharf
Jul 3, 2002
GE Asset Management has purchased Boston’s 334,949 sq. ft. Independence Wharf from Modern Continental Enterprises. The price was not disclosed. The landmark...
Pharmacia grabs AT&T headquarters for $200 million
Jul 3, 2002
AT&T has sold its Basking Ridge, N.J. headquarters to Peapack, N.J.-based Pharmacia Corp. for $200 million. The campus, featuring 1.3 million sq. ft....
DEVELOPERS: AN EXPANDING EMPIRE
Jul 1, 2002
DESPITE THE ECONOMIC HAILSTORM of recent months, office development giant Hines has emerged relatively unscathed. And for good reason. Since the early...
TAMPA THE CULTURE MECCA. REALLY.
Jul 1, 2002
Tampa, a city of 2.3 million located on Florida's Gulf Coast, is known for football, beaches and urban sprawl. Now the city wants to be known for its...
OWNERS: PREOCCUPIED WITH OCCUPANCY
Jul 1, 2002
WHAT KEEPS SENIOR OPERATING OFFICERS of the nation's largest office REIT awake at night? In a word occupancy. If you look at our industry, there is some...
Andersen terminates lease at Times Square Tower
Jun 26, 2002
Chicago-based Arthur Andersen LLP has finalized an agreement with building owner Boston Properties Inc. to terminate its lease of 650,000 sq. ft. in Times...
