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  • WaferTech Postponing New Chip Fab Facility

    CAMAS, WA-With its existing 1-million-sf facility running with plenty of excess capacity for the time being, the contract semiconductor chip manufacturer says it is laying off 25% of its workforce and shelving plans for a new facility on its Camas campus.

  • Tulsa Firm Plans $1-Mil Land Purchase for Power Plant

    FAIRBURN, GA-The multimillion-dollar, gas-fired Williams Pipeline Co. project will be located on 230 acres 20 miles south of Downtown Atlanta. Permitting for the site is under way with tentative completion set for 2004.

  • Agree Financial Picture Brightens in Q1

    FARMINGTON HILLS, MI-The retail REIT with more than 40 retail properties sees increased revenues and net income but continues paying a lower dividend, and lower payout rate, than it did last year.

  • Newmark Sees Continued Growth in Office Market

    WHITE PLAINS-Officials with Newmark & Co. Real Estate say that Westchester County's office market is weathering the current overall economic slowdown and continues to see asking rents rise in early 2001.

  • JMI Halts Hotel Until City Ante Ups Ballpark Funds

    SAN DIEGO-The development firm owned by San Diego Padres owner John Moores has halted construction on a new Westin hotel Downtown until the city issues $225 million in bonds, its share of new ballpark's total cost of $450-million.

  • CREW Kicks Off Ninth Season Working for Local Charity

    ATLANTA-Legendary singer Tony Bennett will be the featured performer at the May 3 dinner and live auction at the Hyatt Regency Hotel sponsored by the 300-member Commercial Real Estate Women of Atlanta. CREW has raised $850,000 to date for the Atlanta Women's Fund that aids homeless and battered women and children.

  • MortgageRamp Introduces Aurora System to Expedite Real Estate Deals

    CHARLOTTE-The locally based firm's new technology has four integrated modules that can be customized for brokers, mortgage bankers, lenders and financial institutions.

  • Sims Rejoins United Properties As VP

    BLOOMINGTON, MN-After a brief stint at Ryan Cos., Mark Sims rejoins his old firm as vice president in the company industrial brokerage group. He worked on business parks in Brooklyn Park, MN and Shakopee, MN.

  • General Stevedores Takes 90,618-SF Ship Channel Spot

    HOUSTON-General Stevedores has taken 90,618 sf in a three-building cluster near Houston's ship channel. The property at 601 McFarland is situated in a submarket bearing a 4.2% vacancy and boasting rental rates of 38-cents per sf for warehouse space.

  • $40-Mil Buyout Looms for Silver Cinemas

    ADDISON, TX-Silver Cinemas International and Oaktree Capital have inked a $40-million definitive agreement that would pull the theater chain from bankruptcy. Under-performers might close. The popular Inwood Theatre is sure to make the buyer's cut.