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STAMFORD, CT-Tenant givebacks, sublease offerings and a slowdown in leasing velocity Downtown contributed to a more than six percentage point hike in the city's office availability rate in the second quarter, according to Insignia/ESG.
LONDON-New research from the Association of Property Unit Trusts and HSBC shows that property performance now outstrips equities and bonds in both the short and medium terms.
TAMPA, FL-The Tampa office of Advantis Real Estate Services Co. has won the exclusive sales listing for a 1.3-acre (57,200 sf) tract adjacent to the Florida State Fairgrounds and a quarter mile south of the proposed $50 million hospitality venture. Tampa is 80 miles west of Downtown Orlando.
LOS ANGELES-The energy crisis and slowing economy are among the topics to be addressed by a variety of panels at the ABL's annual real estate conference, to be held Wednesday in Downtown.
WEEHAWKEN, NJ-The developer plans to build over 1,600 residential units and more than one million sf of offices and retailing, but the court battle to block the project isn't quite over.
DENVER-City council members change course and decide to condemn the 11-story, 105,000-sf Terracentre building to make way for a 5,000-seat auditorium, part of a $268-million expansion of the Colorado Convention Center.
AUSTIN-Transwestern Commercial Services' San Antonio brokers have found new spots for a popular discount retailer and a computer company. Everything 99 Cents will be opening its fifth Austin location with the signing.
EDEN PRAIRIE, MN-Welsh Charitable Foundation is spearheaded by Jean Kane, who recently was promoted to president. Such local organizations as Parents in Community Action and Sharing and Caring Hands will get funds.
DETROIT-The plan commission recommends market-rate rowhouse and townhome units in the Hubbard-Richard Rehabilitation Project Development Area, which is surrounded by subsidized housing. A local citizens council favors the project.
ALISO VIEJO, CA-The full-service commercial bank, which specializes in real estate and construction lending, has opened a new branch in the recently formed City of Aliso Viejo.