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STANFORD, CA-Stanford University has approved Carnegie's plans to build a new 1,000-sf scientific research center on a seven-acre site on campus that it leases from the university.
WASHINGTON, DC-In addition to running her District-based commercial relations management business, Emily Magal will add duties as CREW Network president to her schedule. Magal has long been affiliated with the 5,000-member organization, which takes its moniker from its former title, the National Network of Commercial Real Estate Women.
GREATER BOSTON-Demonstrating that the multifamily market here is hit hard by the economic downturn, Torto Wheaton predicts negative absorption rates and increased vacancy rates for that market in this area in the coming few years.
PHOENIX-The 420-unit Bay Club Apartments in north Phoenix is bought by a Denver-based group that creates and preserves affordable housing, which is in short supply throughout the state. Public and private entities provide financing.
ATLANTA-Post Properties and the New York State Common Retirement Fund put the finishing touches on a $75 million joint venture to develop Post's first apartment complex venture in Southern California.
DENVER-Condominium sales at Swallow Hill and other upper-end developments follow the NASDAQ, opines Grey Star Development managing partner Don MacKenzie. Sales were unaffected by Sept. 11, he adds.
SAN FRANCISCO-Approvals have been doled out recently for a handful of senior and assisted living centers in the Northern California region. One of the projects will convert a San Francisco theater for housing. Three others will be built from scratch.
MCKINNEY, TX-Companies like Fleming Foods and Texas Instruments are now joined by professional services firm Crossmark in the decision to use private jet fleets as opposed to commercial airlines.
DENVER-The $50-million pilot training center in Gateway Park near Denver International Airport will be school for Air Wisconsin and Frontier Airlines pilots beginning next June. The two airlines will be anchor tenants.
LONDON-Rental growth in prime office space in the majority of European markets has now stopped, according to the latest European rent survey released by Atis Real Weatheralls.