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BELLINGHAM, MA-Ryan Development's quest to build a mall here on 11 acres is thwarted by local opposition but the developer reportedly will attempt to develop a residential complex with affordable housing units instead.
DALLAS-A witching hour implosion is set for Sept. 16 of the 554-room Hyatt Hotel West at the Dallas-Ft. Worth International Airport. Time to clear the decks for the $1.1-billion terminal that will be mortared with 100,000 sf of multi-level retail space.
AUSTIN-The Weitzman Group's midyear retail report concludes the Austin region has reached stability in occupancy, rent, construction and leasing. New product undoubtedly will be filled. Occupancy is riding at 96%, a built-in impetus for rent hikes.
ORLANDO-The world's largest casual seafood restaurant company posted fiscal 2001 net earnings of $197 million or $1.59 per diluted share on sales of $4.02 billion versus $173 million or $1.30 per diluted share on revenue of $3.7 billion in fiscal 2000. Net earnings were up 13.8%.
HOUSTON-Another out-of-state, high-end retailer has set its sights on Houston, leasing a 36,161-sf showroom-warehouse in the city's southwest submarket. Brandon of Houston will move into its spot Sept. 1.
MIAMI-The commercial real estate services firm is leasing 35 acres of industrial-warehouse space at International Corporate Park in the airport/west submarket to a company that develops water theme parks.
DALLAS-The Dallas BOMA chapter will host a six-hour course Tuesday for architects, leasing agents and property managers. The seminar, part of the continuing education program, focuses on understanding blueprints and new metroplex building codes.
HOUSTON-The phones are no longer ringing off the hook for prized distribution space in Houston's northwest submarket. But, say two CB Richard Ellis execs, it's not all gloom and doom. There's no space glut nor will there be despite 2.7 million sf coming on line.
PHOENIX-The 133,289-sf Concord Place is welcoming two law firms on board in five-year signings for one of the Gateway submarket's premier addresses. The submarket's lower rates offer stiff competition to the nearby Camelback Corridor.