• Boston Properties Promotes Five

    WASHINGTON, DC-E. Michael Norville is the REIT's new regional manager, while Jonathan Kaylor takes the helm as the region's VP of leasing. The two promotions are among several announced by Boston Properties.

  • 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.

  • Manufacturer Snaps Up Industrial Building for $1.3 Mil

    SANTA ANA, CA-The owners of the Norotos manufacturing firm bought the building located near its present facility to accommodate eventual expansion plans.

  • $40-Mil Temporary Casino Opens Tomorrow

    SAN DIEGO-San Diego County's newest tribal casino will open near Valley Center tomorrow. The temporary facility will be replaced next year with a $180-million casino and resort.

  • Safeguards in Place to Combat High-Ticket Rent Hikes

    HOUSTON-Building owners could be in for a shock if they think class-A, CBD rent is going to bring $32 per sf or more. Two executives differ in reasoning, but the bottom line is supply, demand and threat from the suburbs will keep rent in check.

  • Long-Term Outlook Solid for Industrial Market

    FORT LAUDERDALE, FL-Delivery of new product in the first quarter, though, pushes overall vacancy rates upward in Broward, Miami-Dade and Palm Beach counties and provides tenants with some short-term leasing opportunities. Fort Lauderdale is 26 miles north of Miami.

  • Electricity Shortage Sparks More Power Plants

    SPOKANE, WA-Newport Northwest LLC, an affiliate of Newport Generation Inc., plans to joint venture with Cogentrix Energy and Avista Power to build the largest of three gas plants in the area.

  • Old Chock Full O'Nuts Leases Up for Sale

    NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is putting leases for the sites of five former diners up for sale.

  • Old Chock Full O'Nuts Leases Up for Sale

    NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is selling the leases for five sites where the diners once stood.

  • Federal Realty Selects Santana Row Team

    SAN JOSE, CA-A new director of leasing and two new reps are hired for the Rockville, MD-based REIT's master planned mixed-use community scheduled to open here in mid-2002 with 680,000 sf of shops and restaurants.