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  • Hospital Announces $3-Mil Expansion Plan

    BLUE SPRINGS, MO-The addition will be focused primarily on the emergency department, which experienced a 40% increase in patient services during the past three years. The project is expected to be completed next spring.

  • REIT Index Outperforms Major Indexes for 1Q

    NEW YORK CITY-REITs are down 0.4% since the first of the year, but the Dow, S&P and Nasdaq are off 1.5%, 5.6% and 12.6%, respectively. Bear Stearns expects first quarter FFO per share growth of 8.7%.

  • Providence Partnership Lures Eastside Official

    BELLEVUE, WA-Peter Armato, president of the Bellevue Downtown Association and one of the people credited with the recent commercial retail boom on the Eastside, surprised local officials by saying he would resign July 6.

  • New Space Needs Drop Off as Slowdown Makes its Presence Known

    BELLEVUE, WA-Like the earthquake and the Boeing decision, the local office market that breezed through 2000 with record low vacancy rates has become yet another source of anxiety.

  • Hines Plans July Groundbreaking for 689,000-SF Project

    HOUSTON-Hines and Prime Asset Management will break ground in July on a 689,000-office building. It is the only Houston project in which Hines holds an equity interest. Calpine has spoken for 300,000 sf, ample space for merging its three Houston offices.

  • Study Finds Boston's High-Tech Allure Fading

    BOSTON-This metropolitan area now ranks eighth in terms of its ability to compete in the new economy. High housing prices, traffic congestion and poor schools are among reasons for the poor showing.

  • GHP Realty Reports Deals at Two Buildings

    WHITE PLAINS-GHP Office Realty reports it has secured more than 11,000 sf in lease deals at its South Broadway property here and leased 1,700 sf at its Knollwood Road building.

  • 57,850-SF Leases Cut in Five DFW Deals

    DALLAS-Area brokers have finalized 57,850 sf in five deals, consisting of some renewals and some new tenants for Dallas-Ft. Worth office buildings. Edify Corp. gets its name on the building and lead tenant status in its transaction.

  • $200-Mil Medical Campus Planned for West Valley

    PHOENIX-A number of healthcare organizations are lining up to build hospital campuses in the fast-growing West Valley, and one of the largest has picked a site for a $200-million campus and plans to break ground within months.

  • Didde Bankruptcy Leaves Mid-America Holding 103,000-SF Lease

    FORT LAUDERDALE, FL-Mid-America Management Corp. puts industrial-warehouse site on the market for about $5.75 million when the web press manufacturer vacates five-acre site.