Search Results

AUSTIN-The Finger Cos. of Houston is pushing dirt on a 403-unit complex on 36.4 acres that it had bought in January from Dallas-based Stratus Properties. The project is situated within Stratus Properties' 500-acre Lantana development.

LONDON-Institutional investors remained net purchasers of UK real estate during the first quarter of 2001, according to new data from the Office of National Statistics. But the data implies funds' appetite for property is waning.

SANTA ANA, CA-The Santa Ana-based company has recently received approval by Korea's Financial Supervisory Commission to set up a branch there. First American is one of the nation's leading providers of business information and related products and services.

ORLANDO-The annual $110 million a year generated by the 5% tax-per-dollar on hotel rooms is down for March, April and May and could be down for June as well, brokers following Orlando's lodging industry tell GlobeSt.com.

DALLAS-Houston and Dallas office leasing looks better than Austin. It's not a great year, say brokers, but it's stabilized somewhat from the downturn in the first quarter. Houston is the state's most energized market thus far in the 2001 space race.

PORTLAND-It's melding with Spieker Properties now officially complete, Equity Office Properties Trust now owns 14.4 million sf of office space in the Northwest, expanding options for its tenants and further strengthening its position as the largest office owner in the region.

AUSTIN-JL Precision Metal of California is opening an Austin location, signing for 30,460 sf at Tuscany Distribution Center in the northeast submarket. It has inked a deal for sublease space vacated by Lennington Manufacturing, which has headed to Oregon.

NEW YORK CITY-When asked what the real estate market will look like in the third quarter this year, James Emden, an executive managing director with Insignia/ESG, says to expect more of the same.