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DENVER-Attendance at the groundbreaking ceremony for the $268-million Colorado Convention Center expansion project surpasses the 800 who showed up for an Ace Hardware groundbreaking in Loxley, AL, according to Guinness World Records.
LONDON-The UK's house price spiral shows no sign of running out of steam according to the latest RICS survey, with an on-going shortage of homes for sale driving the market.
BOSTON-The city's zoning commission wants the 8-acre Chestnut Hill Waterworks site developed but its vision clashes with that of a local activist group. The commission voted to approve the parcel's rezoning but the group will most likely appeal the decision.
AUSTIN-Industrial properties in and around the Austin-Bergstrom International Airport are still feeling the heat from a significant drop in air traffic, particularly international air cargo. The submarket's vacancy is 20%, Austin's second highest.
ATLANTA-With the signing, locally based Creditor Resources takes the two-building Perimeter 400, class-A office facility to 98% occupancy. Local area brokers tell GlobeSt.com the estimated aggregate value of the five-year lease is $3.54 million. The average quoted rent is $21 per sf.
EAST RUTHERFORD, NJ-The six plans, put forth by some of the biggest names in US real estate, give the New Jersey Sports and Exposition Authority plenty of options.
ROCHESTER HILLS, MI-The 375,000-sf Village of Rochester Hills, formerly the 120,000-sf enclosed Meadowbrook Mall, is now open to greet customers with a main street-type shop setting. It provides this suburb with its own Downtown.
PHOENIX-Leroy McLaren gets the upper-level promotion for the oldest construction firm west of the Mississippi. The 30-year veteran will lead estimating and pre-construction services for the firm.
CHICAGO-Prentiss Properties' Andrea Saewitz handles negotiations for six deals involving 34,315 sf at the Dallas-based company's West Loop asset, its largest in its Chicago portfolio. Occupancy is now above 70%.
NAPA, CA-Hall Financial Group's three-story Hilton Garden Inn, an 80-room boutique hotel in Napa Valley, is complete and recently celebrated its grand opening.