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PORTLAND -- Lease rates for rental housing in Portland grew 8.2% in the first quarter of 2001, nearly twice the national increase, according to the National Association of Realtors.
BARCELONA- A tight supply of offices has driven up rents by 10% since the beginning of the year and a similar rise is expected in the second half, according to CB Richard Ellis.
ATLANTA-In one of the largest securities actions involving a commercial real estate company in the US, JDN Realty Corp. is agreeing to pay an undisclosed number of individual investors $16.8 million in cash, more than $20 million in stock and other consideration.
AUSTIN-Trammell Crow's Austin retail team has its work cut out with a new leasing pact, that includes a 29,000-sf closed Regal Cinema. That's the main task at hand, says a VP, of the 285,355-sf Lake Creek Festival Shopping Center assignment.
LONDON-Jones Lang LaSalle has mounted a spirited defence of the Central London office market, pointing out that demand is still higher than it was a year ago. Rents in the City district have risen by 9% so far this year.
CLERMONT, FL-A Tallahassee judge rules Lake County should give a second five-year development extension to the Orlando owners of the estimated $1.2 billion, 1,434-acre mixed-use development, planned 25 miles west of Downtown Orlando. The project is one of the most controversial developments the largely rural area has faced in at least 50 years, oldtimers tell GlobeSt.com.
HARRISON, MI-Spartan Stores Inc., which acquired Ashcroft's Markets two years ago, now owns 127 stores in Michigan and Ohio as it refocuses on being a grocery retailer with the opening of Glen's Market here.
BARCELONA- A tight supply of offices has driven up rents by 10% since the beginning of the year and a similar rise is expected in the second half, according to CB Richard Ellis.
LACY, WA-The properties are five miles apart. Wal-Mart says it plans to open 140,000-sf stores on both sites by mid-2003. The nearest existing Wal-Mart locations are in Chehalis, Shelton and Puyallup.
SEATTLE-A little more than $1 million from The Federal Home Loan Bank of Seattle is financing more than 260 new affordable housing units in rural Oregon cities, and will preserve and rehabilitate another 25 units.