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  • Quick Survey: Concessions Are Back

    NEW YORK CITY-Free rent and tenant improvements top the list of the giveaways owners are offering to keep their vacancies down.

  • Kaempfer Buys Bowen Building

    WASHINGTON, DC-The circa-1920s office building will be redeveloped, with completion slated for March 2004. Company officials say they're talking with law firms that may be interested in pre-leasing space in the 210,000-sf building.

  • Mayor Opposes New Runway at Logan Airport

    BOSTON-The final public hearing on the proposed new runway at Logan International Airport demonstrated community opposition to the plan. Mayor Thomas M. Menino made his case against the project, arguing that data in support of it is flawed.

  • No Downturn Seen in Equity Office 1Q Results

    CHICAGO- Although vacancy rates are up in most city and suburban office markets along with a flattening of rental rates, Equity Office Properties Trust reports first-quarter funds from operations were up 13%.

  • Radisson Names Top GM for 2000

    MINNETONKA, MN-Long-time employee Ron Hunter, who started with the chain 28 years ago as a part-time waiter, wins the Esprit Award for his work at the Radisson Governors Inn - Research Triangle Park in North Carolina.

  • Stage Stores' Reorganization Hearing Set for May 21

    HOUSTON-Stage Stores is optimistic its newly filed reorganization and disclosure statement will steer the bankrupt company into a profitable standing. The Southern District Court of Texas has set a May 21 hearing to weigh the plan.

  • Industrial Market Continues to Tighten

    LOS ANGELES-Two transactions totaling more than $4.3 million have been signed, as smaller deals continue to surface in the tight industrial market.

  • Nippon Kayaku Renews Lease

    WHITE PLAINS-International manufacturing firm Nippon Kayaku America has renewed its lease a year ahead of time at 711 Westchester Ave.

  • Activity Robust in Dutchess Empire Zone

    POUGHKEEPSIE-Companies certified in the Poughkeepsie/Dutchess County Empire Zone report continued gains in job growth and investments. Last year, the 155 businesses invested a total of $507 million in facilities and equipment.

  • Colorado Springs Complex Draws About $3.9 Mil

    COLORADO SPRINGS, CO-A Denver investor has taken title to an 11-unit apartment complex in Colorado Springs. Chuyan Ngo has paid about $3.9 million, or $33,478 per unit, for a holding that would easily fetch $50,000 per unit in Denver.