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  • Diamondbacks Still Owe $6 Mil for Ballpark Land

    PHOENIX-An appellate court ruled Monday that the Diamondbacks got a two-acre parcel in downtown for far below its value and still owe the owners of the land nearly $6 million.

  • Former Wal-Mart Building on Block

    CHARLOTTE-Buyers can inspect the 133,400-sf, 18.5-acre property April 26. Sealed bids are due May 7. Chicago-based Jones Lang LaSalle is handling the local sale and 20 other big-box assets in several markets.

  • Grubb & Ellis To Lease Cambridge Court

    AUBURN HILLS, MI-Two Class A office buildings provide opportunities near Oakland University campus here. Grubb & Ellis of Southfield is marketing 126,000 sf of vacant space in Cambridge Court Phases I and II.

  • First Industrial Leases 200,000 SF of Space in Two Months

    MONTVILLE, NJ-While the office market in New Jersey has leveled off and put some space back on the market, industrial properties continue to sizzle with leasing and sales activity.

  • Insignia/ESG Names New Executive Managing Directors

    NEW YORK CITY-They include winners of REBNY's Most Ingenious Deal of the Year Award, the negotiator of the largest office lease in Manhattan and the winner of the company's Midtown Broker of the Year Award.

  • Duke/Fluor Daniel Wins $400-Mil Power Plant Contract

    ALISO VIEJO, CA-Duke/Fluor Daniel, a partnership of Duke Energy and Fluor Corp., have contracted to finish construction of two power plants in Massachusetts in a deal valued at $400 million.

  • Housing Market Index Drops Two Points

    WASHINGTON, DC-Weakening job markets and slipping consumer confidence helped push the housing market index down another two points, to its lowest point since January. The last time the index reached similar levels was in 1997.

  • City to Seek Proposals for Convention Center Hotel

    WASHINGTON, DC-The city will seek proposals for a mammoth new "headquarters hotel" for the new Washington Convention Center, just part of the big changes ahead when the current center is demolished.

  • Planet Hollywood Still Seeing Red

    ORLANDO-Working its way out of last year's Chapter 11 reorganization, the 25-unit, locally based restaurant chain lost $79.7 million on operations in fiscal 2000, an improvement from a $194 million loss in fiscal 1999.

  • Owners Making Concessions for 'Right' Tenants

    LOS ANGELES-With a glut of sublet space now in the marketplace, some building owners are making concessions to land creditworthy tenants, but they're not giving away the store.