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MINNEAPOLIS-The firm says its backlog and new orders are up over a year ago. Net income is $3.07 million, or $0.52 per share for the quarter ending Sept. 30,even with the same period last year.
MIAMI-Jones, Walker, Waechter, Poitevant, Carrere & Denegre is taking 8,700 sf for 10 years at Courvoisier Center II in the Brickell Avenue financial district. This is the first Florida office for Louisiana's largest law firm.
TIGARD, OR-The president of eei Solutions, which was recently purchased by a French company, is also a partner of the development company building the project.
WASHINGTON, DC-Delta Associates and Transwestern Commercial Services report that this particular submarket of apartment housing tends to depend on renters in those positions that may have been eliminated in the aftermath of the attacks, like the lodging and tourism industry. The firms see flat rent growth and a slight increase in vacancy rates going forward.
COLUMBUS, MS-The Tennessese Valley Authority's $25 million, two-acre complex is designed to store up to 120 megawatt-hours of energy and will be capable of providing power to 7,500 homes for up to 10 hours. Completion is scheduled for 2003. Sixty jobs will be created.
LOS ANGELES-School officials vote to buy a now-empty hotel, where movie stars once danced and Robert F. Kennedy was later shot. The LA Unified School District wants to use the parcel to build sorely needed classrooms.
AUSTIN-Dick Obenhaus takes on another partnership role, joining the team of Dallas-based Apartment Group. The appointment also brings an Austin office to the firm. Obenhaus will maintain his partnership status with First Austin Properties.
DALLAS-A ballyhooed change is coming to market for Dallas-based Staubach Co. Key appointments create co-managing directors in financial services in Dallas and New York City. The big catch of the day is Thomas Lynn, who will lead an industrial push.
FREEHOLD, NJ - The asset, which is expected to be ready for occupancy by the end of the year, will increase Monmouth Executive Center to just under 240,000 sf.