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HOUSTON-KRBE stays in place and adds 3,000 sf to its leased offices at the 202,294-sf Westchase Bank Building. The radio station has been a mainstay tenant since 1981 in the office building, which is now boasting an 89% occupancy.
MINNEAPOLIS-Hoping to fill a void left by its namesake tenant, Hines is renaming U.S. Bank Place as "225 South Sixth." More than a third of the space in the 1.4-million-sf building is available for lease.
SCOTTSDALE, AZ-The third and final Valley holding of Investment Properties Group of Calgary is sold to a Scottsdale investment group, which has put up in excess of $63,000 per unit for the Casa Santa Fe Apartments in north Scottsdale.
PHILLIPSBURG, NJ-The new owners are currently negotiating with a number of potential tenants for the facility, which once housed a Journal of Commerce printing operation.
FT. WORTH-Bass Enterprises and Crescent Real Estate Equities are close to deciding who gets the contract as retail electric provider for the Jan. 1, 2002 deregulation. It's a powerful decision fueled by reliability and savings for building owner and tenant.
CHICAGO-Order-execution and trade-clearing firm O'Connor & Company, LLC moves one block from 401 S. LaSalle St. to the fourth floor of the former Insurance Exchange Building, which underwent an $80-million gut rehab.
SEATTLE, WA-Another up-scale apartment complex opens in Belltown, facing the same slowdown as the rest of the urban neighborhood. Colliers' expert Morris Groberman says the market is tough now, but it may soon round a corner to better days.
SEATTLE, WA-Slowly, guests are returning to hotels, planning holiday events and getting on with some travel -- with some differences. Chris Burdett with Colliers International Hotels says outlying areas are picking up additional business and security is the No. 1 priority.
GREENWICH, CT-While locations across the country seek to redefine their core retail strategies, Downtown Greenwich continues to build on its community-friendly shopping district's longstanding success.
RANDOLPH, MA-Sears leases a 73,500-sf facility here on 21 Pacella Park Drive. The company plans to convert the building into a separate repair center as part of a nationwide venture. This center will service the New England region.