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VANCOUVER, WA-Year-over-year, the June unemployment rate was the highest since June 1992 and more than a point higher than the 4.3% in June 2000. Slightly more than 10,000 county residents were seeking jobs during the month.
FAIRFAX, VA-Brookdale Investors Two LP has sold its Greenbriar Corporate Center here for $15 million. Carr Capital led a private investor group to acquire the building, which is located in the Fairfax Center submarket.
TUCSON-The 91,000-sf Plaza Escondida in north Tucson has changed hands in a $10.2-million deal backed by investors from Scottsdale and Estes Park, CO. Seller Venture West will continue to manage the retail center.
DENVER-The wholly-owned subsidiary of Marcus & Millichap hires former JP Morgan Mortgage Capital vice president and originator Brent Tharp as the central regional director to run the office.
FAIRFAX, VA-Brookdale Investors Two LP has sold its Greenbriar Corporate Center here for $15 million. Carr Capital led a private investor group to acquire the building, which is located in the Fairfax Center submarket.
TETERBORO, NJ-The Binswanger/Klatskin executive who has the exclusive on the space, in three different locations, contends it is less of a sign of market weakness, and more one of heavy activity.
ORLANDO-The May number was 65.7%, the lowest since the Orlando/Orange County Convention & Visitors Bureau Inc. started keeping detailed monthly occupancy records in 1989. The national average for May was 63%. Lower occupancies are projected for June.
ANAHEIM, CA-Private investors have purchased two industrial buildings total 22,407 sf for $1.7 million. The transaction is the latest in a string of industrial deals to occur in Orange County.
SAN ANTONIO-The Emily Morgan Hotel in the city's CBD is getting the works in a $4-million dress up of its 177 rooms. The project, which wraps up in January 2002, will boost room rates from a range of $79 to $150 to $149 to $289.