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TEMPE, AZ-A California investment company will be courting medical users for its 17,500-sf acquisition at 404 W. Broadway Rd. The location near Tempe St. Luke's Hospital should translate into 100% occupancy, says the broker.
ORLANDO-But another analysis by West Chester, PA-based Economy.com Inc. says Orlando is behind Miami in fighting its way back to profitability in the hospitality sector.
JERSEY CITY, NJ-One year later, the impact of 9/11 is still disrupting the metro region's transportation system, but new federal funding is expected to help ease the problems.
RICHMOND, VA-United Dominion Realty Trust doles out $64.2 million for three apartment communities in Maryland and Southern California. The deal, which includes the company's assumption of $12.5 million on the Maryland property, adds 1,352 residential units to the multifamily REIT's portfolio.
AUSTIN-A San Diego company, SAIC, moved into 7,001 sf at 8303 MoPac while Waterloo Counseling Center takes over 2,800 sf at Fountain Park Plaza along Interstate 35. In both cases, they are direct leases.
PONTIAC, MI-The General Services Administration needs about 20,000 sf in a "prime commercial office district" in this central Oakland County city. The search area includes Woodward Avenue and Baldwin, Square Lake, Squirrel, Tienken and Harmon roads.
HOUSTON-MBS Realty of Metairie, LA beats out about 20 others for the deed to the Steeplecrest, a neighbor to one of its buys earlier this year along West Road. The newest acquisition was 96% occupied at sale time.
SAN ANTONIO-The San Antonio brokers say the plan is to forego 1.3 million sf of leasing assignments so they can get back to their first love, tenant representation. The Bank of America Plaza simply was the first to go.
DALLAS-Ginsberg, Brusilow & Wright will add 3,000 sf at Signature Place I while shifting from two suites into one. The seven-term lease carries a Nov. 1 move-in. The office space went dark just two weeks ago in an early termination.
MIAMI-A New Jersey appellate court has denied a move by Century 21 Real Estate Corp. and Cendant Corp. to dismiss a suit alleging the two failed to fulfill obligations to a Miami-Dade County real estate brokerage and other current and former Century 21 franchisees nationwide.