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CORPUS CHRISTI, TX-Shoe Carnival has added its eighth Texas family footwear store, signing for 12,346 sf at Island Plaza in Corpus Christi. A Dallas-based Staubach Co. team is helping the nationwide retailer identify and secure retail sites across the state.
ORANGE, CA-The company has inked a $1.3 million deal to remain in its corporate headquarters in Orange. The two-story facility, which is located at 1004 Taft Ave., has served as the tenant's corporate headquarters since 1996.
NEW YORK CITY-Last year's real estate market was an anomaly, says a new report from Cushman & Wakefield. So, even though vacancy rates have risen this year, they do not represent an imbalance in most markets.
NEWARK-Once owned by the Helmsleys, but sold several times in recent years and repositioned in the late '90s, the asset has been acquired by another New York-based firm.
GRESHAM, OR-Under a proposal that was pulled from the agenda this week for softening, a 25,000-sf building in the Southshore Industrial Park would be hit with an $85,000 transportation impact fee.
HOUSTON-Northwest Houston is ticketed for another mall. Chicago-based Kemco Developers has taken title to nearly 24 acres to construct about 250,000 sf of retail space in the corridor, which has blossomed as a market leader in recent years.
CORAL GABLES, FL-Codina Realty Services Inc. has signed the first six tenants in the 16-story, 233,000-sf, class A suburban structure to five-year leases with asking rents averaging $29 per sf to $35 per sf, one of the highest ranges to date in metro Miami-Dade County.
EUSTIS, FL-For the second time in two years, the leading producer of natural gas liquids in the US is expected to ask Lake County, FL for a development order to build a $200-million, 640-megawatt merchant power plant outside Eustis, 28 miles northwest of Downtown Orlando.
BOSTON-The Salvation Army seeks proposals from firms interested in redeveloping its state headquarters in the Back Bay area here. In doing so, the evangelical Protestant denomination joins other religious institutions looking to take advantage of the local real estate market.
LONDON-Fears Surrounding the imminent demise of the UK commercial property market may be hugely overstated, according to research released today by agency Knight Frank. The case for investment in commercial property still remains strong.