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SEATTLE-Equity Office Properties Trust says it plans to ask the City of Seattle for approval of a $5 million renovation of Bank of America Tower's Fifth Avenue lobby and the adjoining third level of retail space.
FRANKFURT-A study coming out next month will show major increases in a number of key German markets last year. Dusseldorf and Hamburg boasted the biggest gains, up 75% and 55% respectively.
FULLERTON, CA-Johnston Threads pens a six-year lease valued at $1.1 million over its term. The apparel manufacturer will set up shop this month at 1405 E. Orangewood Ave., a fully leased, multi-tenant structure.
SAN DIEGO-JMI Realty's plan for a 235-room boutique hotel at the gateway to the Ballpark District in Downtown San Diego is moving closer to reality. The developer has chosen Kimpton Hotels & Restaurants as the operator.
AUSTIN-Occupancy and rent actually edged up in the year-to-year comparison by NAI Commercial Industrial Properties. It wasn't a lot, but enough to ring positive for the market and the tenants who've shifted strategies to suit the times.
HOUSTON-Delta General Agency, a tenant at Loop Central Three, adds 2,671 sf to its lease to take the bottom line to 17,844 sf in the Southwest Freeway office building. The 197,643-sf structure is 87% leased.
VIEQUES, PUERTO RICO-Dallas-based Wyndham will manage the 156-room Wyndham Martineau Bay Resort & Spa, scheduled to open Feb. 24, bringing the hotel company's Puerto Rico to a total of six.
FAIRFAX, VA-The $7.5-million NetForce Tech Center, a facility of Lockheed Martin Management and Data Systems, has reached completion within a 5,000-sf space of the company's building on Germantown Road.
LONDON-Liberty International, owner of some of Britain's biggest out-of-town shopping malls, has announced a 9% rise profits boosted largely by buoyant consumer spending.