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PORTLAND-Luther Barker, client relationship manager at US Bank in Portland, tells GlobeSt.com assisted-living facilities, suburban office and hospitality don't really make sense right now due to recent overbuilding.
ORLANDO-International Corporate Park broker Sam Evans is talking with four major users, one of whom may build the telecom venture at the 2,900-acre site, which has seen little activity since it broke ground 15 years ago.
LONDON-A new survey from Jones Lang LaSalle has found that Seoul, Barcelona, Atlanta and Sydney all reaped tangible benefits from hosting the Olympics, and it forecasts similar gains for Athens in 2004.
SAN ANTONIO-Slow rent growth in San Antonio's multifamily market isn't keeping developers from building more units. Before the year's out, the market will add another 3,975 units, mostly in the class A category.
SAN ANTONIO-Slow rent growth in San Antonio's multifamily market isn't keeping developers from building more units. Before the year's out, the market will add another 3,975 units, mostly in the class A category.
AUSTIN-It's a slower industrial sector than last year in the state capital, but the numbers show that tenants are gaining ground in a historic owners' market. The sector is holding its own while bracing for 850,000 sf of sublease to free up in Q3.
CHICAGO-The 7.7 million sf of sublease space available in the market is the largest since Grubb & Ellis began tracking it in 1983. Only New York City has more sublease space available.
ORLANDO-Maplecross Development pays St. Regis Apartments Partnership $38,974 per unit for the 96-unit, 36-year-old, 90%-occupied Tara Oaks Apartments, 525 E. Michigan Ave., on the south side of the central business district.
NEWTON, MA-HRPT Properties Trust has announced that it will be paying its regular quarterly dividend of 20 cents per common share, respective of the company's results for the quarter that ended June 30, 2001.