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NEW YORK CITY-In an expression of New York's indomitable spirit in the wake of yesterday's terrorist attacks, the president of one of the city's real estate firms has opened his company's resources to the business community, offering whatever assistance it can to get companies and personnel back on track.
Representatives for the hotel chain will not confirm that the World Trade Center Marriott is teetering on the brink of collapse, but a report received minutes ago says that the structure sustained "severe damage.
LOS ANGELES-One private partnership acquires 148,186-sf building on Pacific Coast Highway from another. Long-term outlook for such developments remain bright, despite recent softening in sale prices and rents.
BREA-The locally based manufacturer of instrument parts will commence groundbreaking on its future Temecula site in two weeks. The company will relocate to the facility upon its expected completion in March 2002.
FARMINGTON HILLS, MI-A 300,000-sf building in this Detroit suburb and 29 Michigan National Bank branch buildings are on the block. One purchaser rumored for the headquarters is Chrysler Financial Co.
DALLAS-Eleven years of diligence has paid off for Staubach veteran John Gates, who has gone from vice president to president of the firm's Southwest Corporate Services. Gates is assuming the administrative role, but isn't abandoning his client roster.
HOUSTON-More US companies turn south of the border as plans unfold for an aggregate 1.6 million sf of Mexico manufacturing sites. The commitments will come on the heels of a 225,000-sf lease inked by CB Richard Ellis' maquiladora specialist.
BOSTON-The city was eerily quiet yesterday as people left office towers and high rises in droves in the wake of the terrorist attack on New York's World Trade Center and the Pentagon.
BLOOMFIELD HILLS, MI-The mega-mall developer's common dividend rises by half a cent, to $0.25 per share. The regular preferred quarterly dividend of $0.51875 per share remains the same.