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  • PA-Based Firm Becomes NASA Neighbor

    HOUSTON-A Pennsylvania-based high-tech company has taken up residency near NASA in a 399,000-sf power-packed structure. Eduneering has inked a 13,836-sf lease in a TrizecHahn property that has Lockheed Martin and AT&T as tenants.

  • Bookseller Signs 20-Year Lease at CitiGroup Center

    NEW YORK CITY-Barnes & Noble took the last three years of Conran's lease for 40,000 sf of space when the furniture retailer went bankrupt. Comparable space goes for $35 per sf.

  • Convention Center, Sports Arena Nearing Approval, Ground-breaking

    VANCOUVER, WA-The Vancouver Public Facilities District and the Vancouver Downtown Redevelopment Authority are recommending the city sell $50 million in bonds to the Seattle-based investment bank Piper Jaffray, which would market them to individual investors.

  • WestFarm Foods Seeking Buyers for Headquarters

    SEATTLE, WA-The success of a three-building property south of the 3-acre property coupled with Immunex's planned campus to the north is expected to generate significant interest. The site can support development of an estimated 320,000 sf.

  • Industry Tells Congress: Keep Banks Out Of Real Estate

    WASHINGTON, DC-Saying that allowing banks into real estate will consolidate market power and hurt small companies, real estate groups stepped up their pressure on Congress to nix the Fed's proposal.

  • Smith & Nephew Leases Space at Minuteman Park

    ANDOVER, MA-The medical devices company leases 78,000 sf of space here at Minuteman Park, becoming the sixth company in three months to sign a deal for this project. Five of the project's six buildings are now fully leased.

  • Hines Resorts Developing $300-Mil Ski Village

    HOUSTON-Hines will begin pushing dirt this summer on a $300-million undertaking for Winter Sports Inc. The development, which will take eight to 10 years to finish, will serve as the base village for Big Mountain Ski & Summer Resort in Whitefish, MT.

  • Telecom Hotel Trend Prompts Expansions

    MINNEAPOLIS-The bunkers at the old Minneapolis Fed and Control Data buildings are a good fit for telecommunications equipment. Rents of more than $20 per sf net are being seen, spurring owners to create "telecom hotel" space.

  • The Lights Go Out in Southern California

    LOS ANGELES-The state's electricity shortage, combined with unseasonably warm weather, finally prompts California's energy czar to pull the plug on about 1.3 million users. More shortages are forecast for today and possibly Wednesday, forcing hundreds of business to close and snarling traffic as signals go out.

  • Amstar Borrows $33 Mil for Houston Project

    DENVER-An affiliate of the Amstar Group has secured a $33-million loan for a 437-unit multifamily project in Houston. The 10-acre development is being undertaken with the Houston-based Morgan Group.