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CHICAGO-All but 30,000 sf of lease expirations in 2002 have been wrapped up, while just 148,000 sf in the 3.5-million-sf tower comes up for renewal in 2003. TrizecHahn does project a $750,000 hit in lost Skydeck and retail revenue.
SAN DIEGO-A new report shows that investment in San Diego County shopping centers fell sharply in the three months ending Sept. 30. But analysts remain confident the market will rebound next year.
SEATTLE-Seattle University is celebrating the topping out of its $34 million, three-story student center this week. The 64,000-sf facility, which will house a variety of student services, is set to open next September.
AUSTIN-Century Rain Aid practically quadruples its industrial and manufacturing space in Austin's north submarket. The irrigation equipment supplier relocates within the same submarket and takes half of a Metric Boulevard facility.
LOS ANGELES-The agency, which plays key role in local hotel industry, lays off 12% of its staff to stem budget shortfall. Hoteliers worry the move will slow their recovery.
SAN FRANCISCO-The University of California, San Francisco says it has raised $740 million towards its $1.4 billion goal that will fund significant new facilities such as UCSF Mission Bay, most of the land for which was donated by Catellus Development.
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.
BREA, CA-Hakakian Group has purchased the assets of the Brea-based bankrupt furniture maker and plans to reopen as many as 40 Krause's stores nationwide.
WASINGTON, DC-District officials and real estate firms Kaempfer Co. and Forest City come together to redevelop the Waterside Mall. The project is just one aspect of the city's efforts to revitalize its Waterfront area.