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AUSTIN-Seattle's Best Coffee lines up a franchise partner to develop 13 cafes in Austin and three in Waco. The first of the RTG Business Enterprises-owned cafes could open by January. Competitor Starbuck's has 27 locations in the markets.
DENVER-Chuck Perry, Henry Burgwyn and Josh Comfort, along with with the non-profit Inner-City Community Development Corp., are behind plans for 122 multifamily rental units, 60% affordable, in Curtis Park.
RENO, NV-Dermody Properties officially takes a final bow in a name change to DP Partners. The leading Reno industrial developer makes the switch as it undertakes a series of spec projects in the East and Midwest and lines up a buyer for 100 acres in Chandler, AZ.
CHICAGO-Health problems of the blues legend's daughter, who also is the manager of the club at 1233 S. Wabash Ave., force the owner to put the property up for auction next month at a minimum bid of $550,000.
PHOENIX-Diamante Property Services lines up three more tenants for suburban Phoenix centers while Prudential Financial opts to close a Dallas office and bring the functions home to the Camelback Corridor. Some Dallas workers get to home office with the shift.
NEW YORK CITY-The communications conglomerate signs a 10-year lease for the entire facility. Located in the Woodside section of Queens, Verizon will use the new space as a communications hub for the borough.
SUNNYVALE, CA-One of the largest office lease deals in the Silicon Valley has closed. Marvell Semiconductors has subleased a 212, 000-sf building at Yahoo's new four-building corporate business park.
HOUSTON-Caldwell Watson Real Estate Group hires an experienced real estate researcher to oversee the industrial division's data collection. The goal is to provide up-to-date information and performance stats, particularly for the firm's specialty northwest submarket.
ARLINGTON, VA-Pentagon Row--with its 300,000 sf of retail and residential space--officially opens with a dedication ceremony and all-out neighborhood celebration. Three of the four buildings of this $100-million project are up and operational, and the fourth structure is to be completed in the spring.
MINNEAPOLIS-The 210,000 sf retail-entertainment complex, expected to open in August 2002, is about 80% leased. The plan already includes a Renaissance Hotel, Crown Theaters movie complex and a GameWorks.