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ATLANTIC CITY-The project, which runs counter to recent bad news in this gaming mecca, will add a 480-room tower, boosting the Harrah's property to more than 1,200 rooms.
ORANGE COUNTY, CA-The decline, the first in five years, has led analysts to predict a decrease in total civilian employment growth and more economic slowdown in the Southern California region in the next three to six months.
SAN ANTONIO-The San Antonio Convention Center Bureau gets an extra $2 million pumped into a $5.6-million budget to attract new trade. Local hotels are kicking in another $400,000 in barter and in-kind contributions for the effort.
WASHINGTON, DC-Real Estate Firms and REITs prove to be head-and-shoulders above the rest as a NAREIT study reports third quarter increases in funds for the groups. The numbers exclude lodging firms, which are suffering the heaviest hits among the real estate companies from the Sept. 11 terrorist attacks.
MINNEAPOLIS-The company sold SmartCabinet business to Stellent for $6 million in shares, only to see the value of those shares fall in half. Meanwhile, its four-property office portfolio is 83% occupied.
DALLAS-The industry buzz is that terrorist insurance riders, particularly on trophy buildings, are surefire aftershocks from Sept. 11. It won't be cheap and it won't be easy to bring about the coverage. Federal assistance is a must-have, say Texas execs.
LOS ANGELES-The telecommunications giant takes 7,434 sf of space at 364 S. La Cienega, across from Beverly Center, for the site of its next 'superstore.'
ANNAPOLIS, MD-Construction starts for the assisted living sector hit the lowest point since the National Investment Center for the Seniors Housing & Care Industries (NIC) first began tracking the activity in 1999. The second quarter numbers are the most current figures culled.
LONGWOOD, FL-Local and regional planning councils, not the state of Florida, are the proper venues for growth management says a local attorney with years of experience in the commercial real estate industry.
FORT LAUDERDALE, FL- The Stiles Corp. headquarters building will soon house the law firm of Boies, Schiller & Flexner, which gained national attention in last year's presidential election contest.