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LONDON-Serviced office operator Marylebone Warwick Balfour has moved to reassure shareholders following the collapse in the share price of Regus, which has lost two thirds of its value in two days.
FERNDALE, MI-US Marines will help put up steel as part of a training exercise on the new building on East Lewiston Street. Completion is scheduled for late fall, in time for the 2001-02 season.
SAN DIEGO-San Diego County's office market continued a weak 2001 performance during the second quarter, according to a report. Absorption was its lowest since mid-year's negative absorption of 262,000 sf.
NEW YORK CITY-The real estate market here has responded quickly to the slowing economy; it usually takes more than six months for this sector to feel the effects. Part of that response has been a better than fivefold increase in sublease space.
AUSTIN-Holliday Fenoglio Fowler's latest office market reports for Austin and San Antonio make the neighboring cities' futures look like night and day. Austin has lost ground while San Antonio has gained in the ups and downs of the national economy.
ATLANTA-The estimated value of the three-year lease is $3 million. GES Exposition Services is a Las Vegas-based, wholly owned subsidiary of publicly traded Viad Corp. in Phoenix.
CHICAGO-A former fire station at 3000-02 N. Elbridge Ave. in the Avondale neighborhood could be sold for $190,000 to Skokie, IL-based Arbor Acquisitions, which would convert it into a restaurant.
DENVER-Invesco Funds' Real Estate Opportunity Fund returns 11.05% in a one-year period, outperformed only by two energy and one financial services fund in the mutual fund family of 24 funds.
MILL VALLEY, CA-MetaTV signed a seven-year lease for 23,000 sf in 2 Belvedere Place, a 60,000sf building owned by San Francisco's Gate Capital LLC. Listed rates for space in the building are $5.50 per sf, full service.
FORT LAUDERDALE, FL-The locally based developer of the 16-story Venezia Las Olas luxury condominium project lands $2 million in mezzanine funding through an alliance of New York-basedWhiteweld, Barrister & Brown and Tokyo-based Nissho Iwai America.