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PORTLAND-7-Eleven Inc. takes space on the fourth floor of the 90,500-sf building, one of seven that comprise the 735,000-sf Lincoln Center development in the Washington Square area.
LAREDO, TX-A recent Grubb & Ellis report tickets Laredo as the border town to watch this year for owner-occupied and build-to-suit projects. In 2001, the town's industrial sector absorbed 2.5 million sf, most of which was in the northwest submarket.
SEATTLE-Five buildings built by former developer Jack Benaroya are now up for sale, and an additional 1 million sf or so will make its way onto the market soon as well.
PLYMOUTH, MA-A.D. Makepeace delivers plans to develop 1,800 acres here. The company had originally wanted to develop 6,000 acres in Carver and Wareham as well, but failed to receive the necessary support.
DENVER-The industrial and retail sectors are the best places to be this year, industry experts at an economic briefing sponsored by the Denver Metropolitan Commercial Association of Realtors say, while multifamily and office professionals can expect another tough year.
DALLAS-Julien J. Studley's Dallas lineup and partner, Kilpatrick Stockton, get a gold star from the General Services Administration. The partnership is one of three vendors to win a five-year pact to represent GSA real estate needs in the Southwest US.
LONDON-Central London office vacancy rates rose from 6.1% to 7.8% in the last quarter of 2001--a 28% increase in availability. Much of the space coming to the market is second-hand.
LONDON-There's been a flurry of European hotel investment deals in recent weeks. Jones Lang LaSalle Hotels alone closed four deals across Europe during December.
COLUMBIA, MD-For the third consecutive year, Corporate Office Properties Trust's shareholder return of 29% for 2001 is the highest among office REITs with a $50 million-plus market capitalization.
SAN DIEGO-A visual arts production company has purchased a 46,639-sf, one-story research and development building on 2.73 acres in the hot Eastgate Mall office and retail area for $3.2 million.