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NEW YORK CITY-REITs in general are strongly outperforming the S&P 500 and two local firms followed that trend this quarter, while a third was hurt by a failed acquisition bid and is looking for a buyer.
SAN ANTONIO-Southwest Research Institute, a microencapsulation tech operation, launches a 14,400-sf lab on its 1,200-acre campus in northwest San Antonio. The institute was founded in 1947 by Texas oilman Thomas Slick.
INDIANAPOLIS-Some industrial experts predicted a shift to "just-in-case" inventory systems rather than the prevailing just-in-time method. Duke Realty Corp. officials counter corporations may not be ready to give up just-in-time's cost efficiencies just yet.
ORLANDO-But the good news in metro Orlando, at least, is the tourism revenue kitty for fiscal 2001 ended Sept. 30 is still in the $100 million-per-year category and the county has $140 million in reserves.
MIAMI-The action quashes a bid to dismiss Miami-Dade County's federal lawsuit against the Air Force over its decision earlier this year to deny redevelopment of the abandoned Homestead Air Base as a commercial airport.
PORTLAND-The proposed 16-story, 300,000-sf office building hopes to be the first of several new Downtown office projects to secure tenants in order secure financing and break ground in the next 18 months.
LONDON-The Government is on track for a radical reform of the planning system, but emergency legislation in connection with the war on terrorism could prevent the changes taking effect for several years, according to planning minister Lord Falconer.
KATY, TX-A 10-year-old residential community gets its first block of land dedicated to commercial development. Terrabrook, developer of the 5,000-acre Cinco Ranch, puts 100 acres on the market for the initiative.