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PORTLAND, OR-The city's retail market is expected to remain relatively steady over the next year, says a new report published by Marcus & Millichap Real Estate Investment Brokerage Co.
LONDON-Industrial floorspace vacancies have risen to the highest level since 1992. King Sturge's latest <I>Industrial & Distribution Floorspace Today</I> survey reports that available space has increased 5.1% since April 2002.
ORLANDO-Area brokers and independent urban planners tell GlobeSt.com the new player will be Wal-Mart Stores Inc., but Westshore Development Group of Tampa, FL says it can't disclose the newest tenant for its Lost Lake Reserve venture because the deal isn't done.
CANNES-Spanish developer AC Itaroa has sold a shopping centre development in Pamplona to Vallehermosa subsidiary Testa. It announced at MAPIC that it paid euro 75 million ($75 million)
PARSIPPANY, NJ-An insurance provider has doubled its presence to more than 15,000 sf, while an engineering firm has relocated within the building with a new lease.
DES PLAINES, IL-The 15,000-sf building at 1583-85 Ellinwood a block from this suburb's Metra station sells for $895,000, more than triple what the sellers paid for it in 1993.
TACOMA, WA-The 108-unit project is built as part of the Residential Communities Initiative at Fort Lewis. RCI at Fort Lewis is at the forefront of the privatization of Army housing and has the potential to pump more than $1.2 billion into the Puget Sound economy in the next five decades.
MESA, AZ-A group of Tucson investors paid the asking price for Weather Vane Plaza, which comes with three acres of developable land. The plaza is currently 83% leased to several tenants.
AUSTIN-After a rocky end to the '90s boom, the city takes a look at how it can foster growth by building on its assets. One focus will be on streamlining development for small businesses.