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LOS ANGELES-Wayne M. Brandt, as managing director and head of the West Coast Real Estate Finance Group, will develop Greenwich's market presence for large structured real estate financings on the West Coast and will be based in a new office to be opened in Los Angeles.
SAN ANTONIO-Two franchisees and three stores are in San Antonio's future for the Austin-based pizza chain. Store openings will take place at Northstar Mall, N. New Braunfels and Castle Hills Market.
PORTLAND-Jim Kessler, most recently was chief development officer with Federal Realty Investment Trust, will handle on acquisition and oversight of all retail properties, a new focus for the firm.
LONDON-Chancellor of the Exchequer Gordon Brown's sixth budget avoided the temptation to tax property more heavily, but some industry experts point to missed opportunities.
BEAVERTON-AT&T Broadband signs an eight-year, $5-million lease for a portion of a newer flex building at 8705 SW Nimbus. The 17-building, 700,000-sf Nimbus Corporate Center is owned by Equity Office Properties Trust.
GREENWICH, CT-Hines reports it has initiated a $5 million renovation program at its 55 Railroad Ave., office property here that will allow the owner to eventually command higher rents, which currently average about $60 per sf. in the area.
PORTLAND, OR-The local office market experienced positive absorption, although just 6,400 sf, for the first time in the past twelve months, according to the latest report from the local office of Colliers International.
KENOSHA, WI-The Connecticut-based environmental remediation specialists have been awarded a contract to clean up a 26-ace former copper mill factory site as part of this city's Downtown redevelopment effort.
UPLAND, CA-Lewis Retail Centers is developing six new retail centers on I-15 and 210 Freeway corridors in Inland Empire area of Southern California. The projects, scheduled to break ground in phases starting this summer, total nearly 3 million sf.
BALTIMORE, MD-The $10.6 million annex to The Enoch Pratt Free Library officially gets started with a groundbreaking for the 51,000-sf addition. The annex is scheduled to debut in June of 2003.