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ATLANTA-In the midst of a floundering Atlanta apartment market, the once-dormant South Atlanta/South Fulton County area posts a solid 94.4%-occupancy rate, according to a new report by Carrollton, TX-based M/PF Research.
LONDON-The Governing Council of the Royal Institution of Chartered Surveyors has given the green light for the controversial merger with the National Association of Estate Agents.
DENVER-The penthouse office suite at the Metropoint I office building tops locations in cities such as Chicago and San Francisco for the headquarters location for locally-based Mail-Well Labels.
HUNTINGTON BEACH, CA-GMAC Commercial Mortgage provides the $27-million, floating-rate interim loan for the 290-unit beach resort. The 350,000-sf property is owned by the Waterfront Hotel LLC.
SAN BERNARDINO COUNTY, CA-Watson Land Co. pays $7.3 million for the fully entitled site. The transaction marks the developer's first major land acquisition outside of the South Bay.
SEATTLE-Could the Downtown office market here be reaching the bottom? According to Colliers' preliminary 2nd Quarter 2000 report, the area's vacancy rate was only slightly higher than last quarter's.
EL CERRITO, CA-After a year of pressure from city officials and residents, Trader Joe's has signs a 10-year lease to occupy an 11,000-sf site at El Cerrito Plaza, bringing specialty groceries to the city.
DALLAS-While other parts of the nation grimace, Dallas-Fort Worth looks pretty healthy. What is being watched is that 15% of the available product in the 345.6-million-sf industrial inventory is sublease space, says a Cushman & Wakefield senior director.
ORLANDO-The Atlanta-based cinema developer wins quick approval for its planned 16-screen, 3,750--seat, 75,000-sf multiplex project at the proposed $150 million, one million-sf Altamonte Town Center on the shores of Crane Roost Lake, seven miles north of Downtown Orlando.
MIAMI-The senior debt loan of $78.78 million to Athena Karlton SOBE LLC was for the acquisition and conversion of the 36-story, 399-unit Waverly at South Beach apartment tower in a deal with Orlando-based ZOM South Beach Ltd.