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ST. PAUL-The City of Fridley has lost a 20-year employee to St. Paul-based Short Elliott Hendrickson. John Flora is the consulting firm's new business development manager for the St. Paul office. He had been Fridley's public works director and city engineer.
PORTLAND-The 16-story, 228,714-sf building in the heart of downtown Portland is owned by New Jersey-based Prudential Real Estate Investors. Ron Brenner, who managed the building for Transwestern, will continue on with Cushman & Wakefield.
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.
TROY, MI-A New York developer wants to tear down the fully leased, tallest building in southeast Michigan and replace it with a large, mixed-use property. The building owner, initially not interested in selling, is having second thoughts.
HOUSTON-The Men's Wearhouse and Starbucks have found new retail sites in the Houston region. One heads to the town of Beaumont, northeast of Houston, and the other is setting up shop in the Tomball Parkway Shopping Center in the northwest submarket.
MONTEREY, CA-The change in plans is largely due to Assemblyman Fred Keeley (D-Boulder) and local commercial and residential residents who championed the recently signed Assembly Bill 43, which makes state money available for the project.
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.
CEDAR FALLS, IA-A $45-million plan for a 1.35 million-sf Target distribution center in Cedar Falls is getting its finishing touches. Work will kick off in the fall on what will end up the second-largest warehouse in the region. Hiring for 900 jobs begins in early 2003.
WOODBURN, OR-With vacancy at just over 2%, owners of the 245,000-sf, 68-store Woodburn Outlet mall are gearing up for a 21-store, 72,632-sf expansion that would make it by far the largest outlet center in the state with still more room to grow.
HOUSTON-The 79,000-sf Park Row sells after five years of its Dallas-based owner working toward a successful repositioning. And the buyer is a Houston investor, who has formed a limited liability company just for the takeover.