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  • Hill's Cafe Reopening April 23 After 13-Year Shutdown

    AUSTIN-The Goodnight family is looking forward to the opening of the new Hill's Cafe as much as the new owners. The founding family has turned down offers through the years, but this offer had been different. It's a chance to maintain an Austin original.

  • Welsh Hires Borgman as Office Broker

    MINNEAPOLIS-Patrick Borgman comes to Welsh Cos. from Kraus-Anderson, where had won the top producer award last year. He will specialize in office tenant representation and corporate real estate services.

  • American Bottling Renews for 911,000 SF

    NORTHLAKE, IL-American Bottling Co. renews its lease for 879,000 sf at 400 N. Wolf Rd. in the O'Hare submarket and takes an additional 32,000 sf in Oak Brook-based CenterPoint Properties' 1.53-million-sf office and warehouse building.

  • First Industrial Plans 200,000-sf Business Park

    PHOENIX-One of the largest industrial developers in the country will break ground this week on a 200,000-sf business park in one of the hottest areas for industrial and office development in the Valley.

  • Hard-Hit Konover Ponders Shucking Outlets or Community Centers

    CARY, NC-Credit Suisse First Boston is advising the 18-year-old REIT on how to better evaluate its 98-property portfolio for shareholders.

  • Atwell-Hicks Wins Project in Renaissance Zone

    ANN ARBOR, MI-The civil engineering company will help design the ArvinMeritor facility, which will include 15,000 sf of office space and 155,000 sf of manufacturing space, at Fort Street and Crawford Avenue in Detroit.

  • Dot-Com Fallout Stabilizes Rental Rates

    CHICAGO-The death of some dot-coms put more space on the market, though the fledgling industry is not entirely to blame for the increase of available square footage, say office brokers here.

  • Slowing Economy Hits Home; Rent 'Correction' Now Likely

    LOS ANGELES-The economic slowdown is finally hitting home. Fizzling dot-coms, telecoms and tech firms are creating a glut of sublet space, causing competing owners to offer concessions to land the creme de la creme of tenants.

  • Beltway Park Reaches 84% Occupancy

    HOUSTON-The Beltway Southwest Business Park in the city's northwest corridor has reached 84% occupancy. The industrial project's third phase, finished in fourth quarter 2000, is 50% leased, thanks to a new signing.

  • Tech Nose-Dive May Return Fringe to Satellite Status

    NEW YORK CITY-While brokers don't like being asked to play fortune teller, they do tell GlobeSt.com the fringe properties bolstered in the dot-com craze are now seeing growing numbers of subleases and vacancies.