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DENVER-SafeRent Inc. had primarily marketed its tenant screening services to the largest apartment owners in the country but is now aiming to serve owners and managers of small and medium-size apartment complexes.
ST. PAUL, MN-Wellington Management recently made a major investment in the Midway area. The Midway Chamber of Commerce also names Dawn Grant of Colliers Towle Real Estate Co. to its board of directors.
SUMMIT, NJ-Northport Partnership and, earlier, Palisades Safety and Insurance have taken space at the 130,500-sf property in transactions arranged by the Garibaldi Group.
DENVER-An increase in building permits reflects Downtown developments planned by larger apartment companies, one multifamily expert says. Supply and demand should match up by the end of the year, another predicts.
SCOTTSDALE, AZ-Cutler Commercial is holding the title to three industrial properties in north Scottsdale, putting up $4.3 million. The holdings are situated in the Scottsdale Airpark and are 85% and 100% leased.
OLYMPIA, WA-The City Council decides to cancel a public forum later this month. The meeting was scheduled to discuss the creation of a hotel and conference center on Port of Olympia property along Budd Inlet.
ATLANTA-Peachtree North Associates, a McDonald Development Co. partnership, received the funding on a total 700,000 sf of product in the Peachtree North business/industrial park in nearby Gwinnett County.
SAN FRANCISCO-Plans for the new M.H. de Young Memorial Museum have been deemed environmentally unsound by the San Francisco Board of Supervisors. City officials are unsure about the effect this will have on the opening date of the museum.
DALLAS-The 2001 retail market isn't as aggressive as 2000's, but it's holding steady and attracting scores of new retailers to Dallas-Ft. Worth. Some four million sf is under construction, the bulk of which is already pre-leased, says the Weitzman Group.
PORTLAND-The timer company says the moves will net the company some $40 million with which it plans to pay down debt. The company lost $6.8 million on revenues of $166 million during the second quarter.