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LONDON-Office availability in Central London has continued to rise in the third quarter of 2002, putting rents under further pressure according to a new survey from DTZ.
HOUSTON-Dr. Barton Smith is "bullish" on the economic indicators that point toward Houston's recovery by 2004. That doesn't mean 2003 won't be bringing some marginal growth. Real estate investors, who left in the 1980s, are back to spend their cash.
LONDON-Office rents are now falling in all the main office centres of Europe according to new research from CB Hillier Parker. London; Paris; Frankfurt and Madrid all saw falls during the third quarter of 2002.
AURORA, CO-The city has put out a "request for qualifications and concepts" for the 16-acre site at East Colfax Avenue and Peoria Street, next to the $1-billion Fitzsimons medical and bio-tech campus.
LONDON-Office availability in Central London has continued to rise in the third quarter of 2002, putting rents under further pressure according to a new survey from DTZ.
PORTLAND-The $35.7-million loan from the Union Labor Life Insurance Co. will be used to develop The Henry, a 15 story, 123-unit condominium tower with about 14,000 sf of ground floor retail. Site work has already begun.
DENVER-Former Denver mayor Benjamin Stapleton rejected the Ku Klux Klan in 1925, and had the airport he helped bring to the city named after him. However, Forest City officials are downsizing his name in brochures and signs.
NORFOLK, VA-Old Dominion University's Ted Constant Convocation Center-a $62-million, 220,000-sf sports and entertainment arena-marks its completion with an opening ceremony. The facility will serve as the centerpiece of a grander development, the $270-million, 75-acre University Village.
WHITE PLAINS, NY-The ownership of the Gateway office building here plans a major capital-improvement program for the 19-story, 530,000-sf building. The program's launch coincides with marketing efforts to lease up the first significant vacancy at the property in some time.