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IRVINE, CA-The Irvine-based builder completes construction of a 25,000-sf office building for Continental Development Corp. Located in Hawthorne, the property features a contemporary theme and a tiled stonework exterior.
ORLANDO-The 1,406-room resort and 400,000-sf convention center is welcoming paying guests today even though the formal grand opening of the $450 million enterprise isn't until Feb. 2. The hotel has set a local industry record by booking one million room nights through 2011.
HOWELL TOWNSHIP, MI-Professionals moving west of Detroit and north of Ann Arbor have sparked plans for more restaurants and a hotel at a booming 41-acre retail complex, which includes the 80-store Kensington Valley Factory Shops.
LONDON-Ford Motor Company has continued the contraction of its massive manufacturing plant at Dagenham in east London. Two recent land sales bring to 250 acres the total amount of land it has transferred to the London Development Agency. And more sales are expected.
WASHINGTON, DC-The District weathers the economic storm--and other problems--to emerge as one of 2001's highest performing commercial real estate markets in the country, according to Cushman & Wakefield's year-end MarketBeat series.
BELLEVUE, WA-Tiffany & Co. plans to open five new stores this year, including a 5,500-sf location in Bellevue Square and a 10,000-sf facility in Waikiki, HI. The local facility is set to open this May, and the Hawaii store will replace a small hotel boutique.
WHITE PLAINS-Despite the ongoing economic slowdown and its impact on the commercial office market, EastRidge Properties reports that its portfolio in Westchester County finished 2001 with a 96% occupancy rate.
VIRGINIA, MN-The architectural, engineering, environmental and transportation services consulting firm's new office will develop clients among mining firms and municipalities in the east end of the Iron Range.
ST. PAUL, MN-The project will modernize store while shrink it by more than 20% to 170,000 sf. The city provides a $6.3-million, which may be forgiven after 10 years if the retailer now owned by Target Corp. stays put.
WESTLAKE VILLAGE, CA-The company revealed last year that its advertising revenue had collapsed and it had to restate revenues for 2001 and might remove as much as $95 million in sales it had booked.