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SPOKANE, WA-Built in 1912 the building has been through numerous owners, including real estate powerhouses such as Hillman and Spieker Properties. Now, a Texan by the name of James F. Cotter has acquired the historic, now commercial, property.
SAN DIEGO- Unionized employees of the Hotel Del Coronado have voted to ratify a new contract with Destination Hotels and Resorts, the management company which operates the hotel.
AUSTIN-A leading market watcher changes his tact in identifying the rising sublease space count. Flex and office are now being calculated independently in a market bearing a 16% vacancy rate.
ORLANDO-Occupancy in the tourist submarkets of International Drive, East and West Kissimmee and Lake Buena Vista are down from July 2000 but still in the mid-70% range, about 10 points higher than the national average rate of 63.7%.
ST. PAUL, MN-The manual published by the Metropolitan Council addresses problems posed by a cold-weather environment. It can be used by developers, cities, public agencies and environmental engineers.
DALLAS-The federal building in Dallas stays open, but under an alert in keeping with actions in all major markets. Ft. Worth BOMA asks building owners to roll out security plans. Nationwide, airports are grounded and regionally, some office buildings close.
PORTLAND-Insignia's Western U.S. Director Bob Shibuya tells GlobeSt.com the search for a new executive director for the Northwest region is ongoing and that Sonna Durdel, who was to leave the post for a one-year sabbatical this week, will remain until a successor is named.
SAN FRANCISCO-Federal, state, county, and city buildings in the region that shut down Tuesday are cautiously open for business today. The locally-based Pacific Stock Exchange remains closed.
LONDON-Property services group Hercules turned in record profits for the year to 30 June 20001. The company is growing quickly on the back of an aggressive programme of acquisitions in both property and insurance brokerage.
PARIS-Office take-up is falling in the French capital, according to new reseach from CB Richard Ellis. However supply remains restricted and this is helping to underpin rental levels.