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  • Fed Rate Cut Could Bolster Real Estate Market

    WASHINGTON, DC-The Federal Reserve's decision to cut interest rates by a half of a percentage point could help bolster the commercial real estate market, according to an analyst.

  • MetLife Close to Deals in Westchester and Queens

    WHITE PLAINS-MetLife Inc. officials say that the company is close to finalizing deals that will involve relocating most of its New York City corporate headquarters workforce from One Madison Ave. to White Plains and Long Island City in Queens.

  • Costco Sets May 27 Dual Openings

    DALLAS-Come May 27, Costco Wholesale will cut ribbons on two more locations in the Dallas-Ft. Worth metroplex. The simultaneous openings will take place in Arlington and Southlake. Last fall, it had been Plano and Ft. Worth.

  • North Bay Office Market Back on Average

    PETALUMA, CA-A first-quarter report from Orion Partners Ltd. finds the Marin County market has softened but is still at the historic average vacancy rate of about 10%. In nearby Sonoma County, office vacancy rates increased to an overall rate of 7.1% in the first quarter.

  • Cousins Stone Lands 6565 MacArthur Contract

    IRVING, TX-The 6565 MacArthur at Sierra, a 256,000-sf office structure in Las Colinas, has a new leasing and property manager. Cousins Stone starts its search to fill 109,000 sf, most of which had been held by Nokia.

  • Colorado Firm Wraps Up Headquarters Move

    LAS COLINAS, TX-The move is complete for a one-time Colorado company that has settled in Texas. The Walnut Hill Court headquarters is open and hiring's started at Timera, part of Union Pacific's Fenix high-tech holding company.

  • Long Island RE Market Holding Its Own

    NEW YORK CITY-Long Island vacancy rates have only decreased 0.5% and rental rates continue to climb, according to of Cushman & Wakefield of Long Island.

  • Austin Firm Snags 450,000-SF Air Cargo Building Project

    AUSTIN-The Lynxs Group is partnering with a Jackson, MS business to build a 450,000-sf air cargo facility at Jackson International Airport. The first 60,000 sf will deliver in second quarter 2002.

  • PacTrust Tasks Insignia to Fill Trophy 190,000 SF

    AUSTIN-Insignia/ESG's Austin office has picked up another leasing and management contract, taking the team to 950,000 sf in the past year. This time, Insignia gets the 190,000-sf trophy building being vacated by CSC.

  • Commercial Designers Hosting Forum

    SEATTLE-GreenWorld 2001, scheduled for May 17, is a one-day community forum on "sustainable" design created to explain and discuss a variety of design methods. The program will feature an interactive panel discussion entitled "Greenwashing: When Green Isn't Green.