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DALLAS-Dr. James F. Smith, SIOR's chief economist, tells the second largest conference in its history that next year will be "a barnburner." And, he says, the outlook's good through 2008. H. Ross Perot Sr. then adds some Texas insight for the 950 attendees.
LONDON-Troubled serviced office provider Regus has plans for a pounds 55 million ($93 million) refinancing to pay off its creditors, which will see its US operation come out of Chapter 11 protection.
RIVERSIDE, CA-UltraStar Cinemas will build 16 to 18 screens in the new complex and is the first major tenant to sign at the project, according to Villaggio developer Alan Mruvka.
GILBERT, AZ-Cambridge Filter will build a multi-million-dollar office and manufacturing facility for its specialty product, air filters for the semiconductor industry. Ground breaks in December on 8.8 acres bought for $2.1 million.
SANDUSKY, OH-The publicly traded owner and operator of amusement parks plans to construct a year-round indoor water park here at its Cedar Point amusement park.
HOUSTON-The first relief will come next year and then it just gets better and better, says the CEO for Delta Associates. Over the next two years, the region will add 36,600 jobs annually and return to the norm for a solid run through 2010.
LONDON-Quintain Estates & Development has added to its landbank near the Millennium Dome in Greenwich with the acquisition of a distribution plant from brewer Carlsberg-Tetley.
GRESHAM, OR-Portland-based real estate investor Barry Menashe buys the College Square Shopping Center here from Watumull Properties of Honolulu for $6.3 million. Anchored by Bi-Mart, the property is 80% leased.
SAN FRANCISCO-Forest City Enterprises and Westfield America last week kicked off construction of Westfield San Francisco Centre, a 1.5-million-sf retail center development that will combine the landmark Emporium Building and the existing San Francisco Shopping Centre into a combined venue in the heart of the city's retail district.