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MIAMI-The General Services Administration is now seeking a general contractor to manage construction of the new $132 million U.S. courthouse on a 6.5-acre Downtown redevelopment site.
LOS ANGELES-The business banking unit of Washington Mutual takes 26,300 sf at the Equity Office complex in Downtown, will relocate from its current home in the nearby 1000 Wilshire building.
ORLANDO-Buyers of independent living facilities can still realize a cash-on-cash return on equity of between 10% to 15%, and a return of 20% to 30% on an equity-yield basis, Bradford L. Johnson, managing director/principal, Integra Tampa Bay, Tampa, FL, tells GlobeSt.com.
ORLANDO-Buyers of independent living facilities can still realize a cash-on-cash return on equity of between 10% to 15%, and a return of 20% to 30% on an equity-yield basis, Bradford L. Johnson, managing director/principal, Integra Tampa Bay, Tampa, FL, tells GlobeSt.com.
DENVER-About 650 business leaders, including commercial real estate leaders, say transportation is the No. 1 issue facing Downtown's continued success, ahead of the price of parking.
HOUSTON-Litton Loan Servicing will be moving about 500 Houston employees into 112,900 sf at Loop Central Three, taking part of the space glut created by the exit of Jacobs Engineering. The value of the 10-year lease is pegged at $21 million.
IRVINE, CA-The two-building industrial and manufacturing complex will rise in Rancho Cucamonga, with completion slated for January 2002. The development is expected to be worth more than $15 million upon completion.
SEATTLE-Lowe Enterprises Northwest has begun construction of a five-story, 164,000-sf biotechnology and office building on Eastlake Avenue. The company forked out roughly $4.5 million for the 1.5-acre parcel.
PHOENIX-Three tenants ink 12,280 sf in pacts for industrial sites in Phoenix, Mesa and Tempe. The largest space taker is Dynamex, which is relocating from within Phoenix to South Mountain Business Park.
WASHINGTON, DC-This real estate owner and developer is building over 300,000 sf of office space in the District and acquired another building for $37.9M during the quarter.