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SEATTLE-The Airport Communities Coalition has filed an appeal seeking to overturn a permit issued last week by the state Department of Ecology. The water quality permit was necessary for construction of a third runway at Seattle-Tacoma International Airport.
ATLANTA-The entry of Ronus Properties on Atlanta's commercial turf ends the management contract with locally based CNM Associates, a joint venture between Ronus Inc. and Ben Carter Cos. Carter now owns CNM and will continue to manage assets in that group's portfolio.
NEW HYDE PARK, NY-Seven stores on Ames Department Stores' latest list of upcoming closures are located in Kimco-owned shopping centers. By October, the largest publicly traded shopping-center REIT in the US will be looking at roughly 1.2 million sf space vacated by one of the country's biggest discount retailers.
DALLAS-Colliers International's Dallas president says it's easy to lose perspective as to what's happening in the Dallas-Ft. Worth market. Pricey giveaways are here as a counterattack to the slowdown. Still, it's not really as bad as it feels, he says.
DANVERS, MA-This area could be home to yet another semiconductor company as sources tell GlobeSt.com that California-based Applied Materials is close to a deal to lease a 290,000-sf building here. The building, which formerly housed Osram Sylvania, is currently being renovated.
DALLAS-The deal just made sense, says the broker who has signed American Airlines to another 31,087 sf for a second call center in an Invesco-owned, two-building CentrePort complex. The deal puts American Airlines into 98,087 sf of the 134,000-sf project.
PETALUMA, CA-Gateway Business Park owner Basin Street Properties, a commercial and mixed-use property developer, negotiated an agreement with SimplexGrinnell LP, a division of Tyco International
WASHINGTON, DC-In a deal that nearly doubles the size of MeriStar's resort management portfolio, the company has signed an agreement to oversee management of lodging facilities at eight American Skiing resorts, with 3,423 units.
SCOTTSDALE, AZ-Opus West has just broken ground on a 150,000-sf headquarters for Discount Tire in the master-planned community of Grayhawk. The first phase will deliver by October 2000. But Discount Tire also has taken title to an extra 10 acres.