Rachel Smith

ORLANDO, Fla. °© VERITAS Software Corp. has expanded its presence in Heathrow International Business Center (HIBC) with a 29,944 sq. ft. lease, bringing the company°Øs total presence to 247,000 sq. ft. in the center...

SAN FRANCISCO, LOS ANGELES °© LoopNet Inc., San Francisco, and PropertyFirst.com Inc., Los Angeles, have completed a merger. The combined company will be the largest online commercial real estate Web site and will...

HAUPPAUGE, N.Y. – Home Properties, a Rochester, N.Y.-based multifamily REIT, has acquired a 297-unit property for $159,900 per unit, for a total of $47.5 million. The transaction’s initial yield is 9.3%. In a separate...

ARLINGTON, Va. – Corporate Facility Advisors (CORFAC), an Arlington, Va.-based network of commercial real estate service companies in top markets nationally and worldwide, is projecting a slowdown in leasing and sales...

LOS ANGELES – Atlanta-based IDI has broken ground on the 400,000 sq. ft. Montebello Metro Center, an industrial complex in central Los Angeles. The three-building complex marks IDI’s eleventh industrial project in...

MISHAWAKA, Ind. – Boston-based Commercial Construction Consulting Inc. (C3) has been chosen by Rockport, Ind.-based Heritage Realty Inc., the property owner, to develop a 315,000 sq. ft. shopping center here. The...

RESTON, Va. – Joint developers TERRABROOK , Dallas, and Boston Properties have signed the law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C. to a 67,158 sq. ft. lease at their 384,000 sq. ft. Discover...

RALEIGH, N.C. – Konover Property Trust Inc., a shopping center REIT, has agreed to sell a shopping center outlet portfolio to Roseland, N.J.-based Chelsea Property Group Inc. for $180 million. A third quarter 2001...