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CHERRY HILL, NJ--Affordable housing as mandated by the Mount Laurel decisions is the issue for a local advocacy group that has taken its case to the state Superior Court.
SAN FRANCISCO-Despite the recent dot-com bomb in the San Francisco and Silicon Valley markets, the cities manage to remain two of the world's most expensive cities in which to lease office space.
KISSIMMEE, FL-The 25-year-old, 88,000-sf meeting hall, 20 miles east of Walt Disney World, will close in April and probably be put on the market as the company trims corporate staff and shaves expenses to improve its balance sheet.
CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.
AUSTIN-The city has weeded the pack of six developers vying for the 709-acre Mueller redevelopment project. The short list consists of Catellus, Lennar Corp. and the Mueller Redevelopment Team, the only one that's based in Austin.
WASHINGTON, DC-An eight-story office building here has been purchased by Heyman Properties in an all-cash sale. The fast-track deal took all of three months to complete.
ORLANDO-The 1,400-room inn, owned by Nashville, TN-based Opryland Hospitality Group, won't open for another five months, but already has bookings valued at an estimated $30 million.
BELLEVUE, WA-Despite previous reports, unless construction of Eugene Horbach's project remains suspended for several more years, experts believe there is no danger of serious settling or collapse in the 8-story pit dug for the tower's underpinnings.
PHOENIX-The region's industrial market is playing follow the leader with the nation's economy in a downturn that only caution can correct. The latest Cushman & Wakefield of Arizona report records 1.9 million sf and cautions about too much too supply.