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FT. WORTH-The city supposedly isn't on the terrorists' hit list, but that doesn't mean building owners shouldn't dust off evacuation plans and familiarize employees with their execution, says Craig Olson of the FBI in Dallas. BOMA Fort Worth is leading the charge.
EDENVALE, CA-McCandless Companies wants to break ground before the end of the year on project that includes a 197-room, seven-story hotel, a 64,000-sf office structure, a 69,500-sf sports club and a 2-story parking garage.
WASHINGTON, DC-The administrator for the agency that is the property manager for 40% of the space the federal government owns or leases seeks to alleviate what he believes is a serious problem of deferred maintenance in public buildings.
MINNEAPOLIS-One office broker sees vacancy rates climbing to 13.2% -- up from 10.5% -- with new construction coming in line while another expert is slightly more optimistic about the sector, foreseeing 12.4%.
LOS ANGELES-The CBD's vacancy factor has dropped to 15.8% from 17% at mid-year, C&W says, as low rates continue to lure price-conscious tenants. Vacancies on tech-heavy Westside surge.
ATLANTA-The Dallas-based provider of enterprise information solutions is taking the class A northwest Atlanta space at an estimated full-service rent of $23 per sf, making the 10-year contract aggregately valued at about $22 million, area brokers tell GlobeSt.com.
DALLAS-Now that the move's done, the decision about what to do with Centex Construction's 35-year headquarters location rests with a sister company. Lease or sell depends on the market strength. The new location gives an image makeover.
SPOKANE, WA-WestCoast Hospitality Corp. has secured $62.9 million in permanent financing for a portfolio of four hotels, comprised of 1,038 rooms. Los Angeles-based Sonnenblick-Eichner Co. completed the transaction.
CHICAGO-The city council is expected to approve an ordinance requiring written evacuation plans of office and residential buildings higher than 80 feet. The action is in response to the terrorist attack on the World Trade Center.