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ST. LOUIS PARK, MN-The new 127-room hotel is next to CSM's TownePlace Suites hotel near Interstate 394 and Park Place. Marriott has named CSM Lodging a repeat winner of its "Developer of the Year" award.
THE WOODLANDS, TX-The master-planned community's town center gets a boost from a Fort Worth developer who is fine-tuning a mixed-use project for upscale retail, loft-style offices and first-class restaurants.
HILLSBORO, OR-Overall vacancy in the 1.67-million-sf class A office market here stands at 48.3% through the first 10 weeks of the year, according to the latest report from Cushman & Wakefield.
HOUSTON-The owner of Lee Stationery & Office Supply has acquired 1.5 acres along Harrisburg Boulevard for a corporate office site. A smaller land buy puts less than acre into the hands of a private investor.
SEATTLE, WA-Over the last few months, experts have been predicting that economic recovery from the recession could begin as early as the second quarter. For the landlords of Puget Sound's offices, where vacancies continue to rise, it won't come soon enough.
WYLIE, TX-Ground breaks in mid-April on a 55,000-sf corporate office and regional distribution center for Southern Fastening Systems. The Plano employer will consolidate two locations to nearby Wylie with the project.
AUSTIN-A 30-unit project kicks off construction for an 11-unit first-phase delivery this summer. The Villas of Lost Canyon is a high-end development tucked in an out-of-the-way corner just a few blocks from the CBD.
DALLAS-A 151,000-sf tenant at a Hillwood building signs for an extra 105,624 sf to take a 439,080-sf structure to full within five months of its delivery. In another section of the park, an audio visual production firm moves into a 125,000-sf build-to-suit.
LIVERMORE, CA-A nonprofit organization sees potential for Livermore to rise up to the standards of its neighbors, Pleasant Hill and Danville, and hopes to promote developments that will attract corporate tenants.
ESCONDIDO, CA-An investment company has bought a free-standing 18,700-sf industrial building for $2 million. Veritek is the sole tenant in the build-to-suit project, executing a sale-leaseback for five years commencing this year.