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SAN FRANCISCO-The women's apparel retailer has taken slightly more than 10% of the 100,000-sf concourse in the Millennium Tower high-rise complex at Market Street and Grant Avenue. The deal's value is estimated at between $3.6 million and $4.6 million.
ORLANDO-The national wholesaler/distributor of commercial/industrial building materials is shrinking its 700-person staff by 40 staffers, a 6% cut. Disney started its final phase of eliminating 4,000 jobs nationwide and 1,650 positions in Orlando, some of them in property management and real estate-related support work.
ENCINITAS, CA-Hazard Construction Co. is underway at the future site of The Plaza at Encinitas Ranch, a 117,000-sf shopping center slated to open in this seaside community in January.
WASHINGTON, DC-In August 2000 ChainLinks announced a strategic alliance with DJM Realty to provide disposition services for surplus retail properties. Now, it will integrate ICON's barter system in the services it offers through its relationship with DJM.
MAPLE GROVE, MN-Rouse Co. officials say the center needs two more anchors besides Nordstrom and Marshall Field's and may not open the mall at the southeast corner of Interstate 94 and Minnesota 610 until 2004 or 2005.
CHICAGO-The four-story, 124,000-sf building is being marketed by Cushman & Wakefield for $15 million but CIT Lending Services Corp. seeks more than $16.8 million in principal, interest, attorney's fees and unpaid commitment fees.
PHOENIX-In a trio of leases, the entire 11th floor has been filled at the 222,000-sf 2700 N. Central, a 15-story office tower. Compupay Inc., Internet Institute USA and Logical Inc. are joining the tenant roster, signing for a combined 14,800 sf.
LONDON-Over half the top law firms in London plan to expand by between 10 and 18% over the next two years, according to new research from agents Kinney Green.
HOUSTON-Chicago-based Prime Residential is undertaking its first Houston project, building a 170-unit luxury condo complex in the Uptown-Galleria submarket. The project, which delivers in the fall, includes a $5-million, 7,000-sf penthouse.
CHANDLER, AZ-Dean Geraci has set an expansion plan in motion, paying about $1.2 mil for a 16,900-sf industrial structure along N. Colorado St. The game plan is to expand a fire and flood damage clean-up business.