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CHICAGO-The Law Bulletin Publishing Co., owner of legal and real estate trade publications, has acquired the Chicago-based Midwest Real Estate News from Primedia Business Magazines. The magazine covers commercial real estate in the Midwest.
SAN MARCOS, CA-A North County development company has finished construction of a 48-unit affordable multifamily complex at 609 Richmar Ave. Allgire General Contractors served as the general contractor. Davis Group Architecture & Planning was the architect.
DALLAS-Three deals for office and industrial space close off 17,383 sf as building owners cut what the brokers say are terrific deals for the tenants. A keyless entry supplier doubles its spot amid a call for a business spurt again in 2002.
DENVER-A Grubb & Ellis Co. report shows land sales down by nearly $50 million in Denver and off as well in Colorado Springs despite this year's record-breaking $55-million deal for the Banning Ranch. The light trading will continue through 2002.
TEMPE, AZ-Hot Shot Services is taking 15,723 sf at 1715 S. Holbrook Lane in a long-term lease carrying a value of about $410,000. Building owner AMB Properties gets a "no vacancy" sign with the lease and the tenant doubles its space in a Tempe relocation.
DENVER-Metro Conventions & Visitor's Bureau president Eugene Dilbeck says the trend of few cancellations will continue next year. "We're Denver. We are regarded as a very exciting and desirable city to visit," he reasons.
FT. WORTH-More than $342,000 has been collected and 5,200 volunteer hours donated in an ongoing fund drive to benefit the nation's elementary schools. Crescent Real Estate Equities marks a first in 2001, with participation from all of its markets.
HOUSTON-The hustle and the bustle of Houston's northwest submarket may have crested. Still, a year-end call bets two million sf will be absorbed, up 28% from last year's grand tally. The question now is whether it's time to build more industrial space.
BOSTON, MA-Congress Group Ventures presented checks totaling $1.5 million as part of a community benefits package to maintain the Old South Meeting House and provide funding for other city agencies.
ATLANTA-Beazer Homes preliminary new home orders for October and November rose sharply from the same period in 2000 in most of the country. Beazer's central region saw the biggest increase.