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VANCOUVER, B.C.-Currently under construction in downtown Vancouver, Bentall Five is a 566,000-sf structure being built in two phases within the Bentall Centre complex, which already tallies an impressive 1,451,000 sf of office and retail in four existing buildings.
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.
CAMBRIDGE, MA-Mirant New England Inc., part of Atlanta, Georgia-based Mirant Corp. a global energy company, expands its power generation plant here to accommodate the area's need for additional electricity due to its increase in residents and businesses.
BROOMFIELD, CO-The first phase includes a "lifestyle-oriented" retail and restaurant center with 450,000 sf. The second phase will include 250,000 sf that will include a hotel, retail and possibly office buildings.
NEW YORK CITY-A half block away from Grand Central Station, the 22-story office building will undergo major renovations that are expected to result in substantial increases in revenue as leases expire. Rents are now less than $30 per sf, well below average.
CARROLLTON, TX-The Springhill mattress showroom has vacated a spot at the World Trade Center in a bid to be closer to its manufacturing site in Valwood Industrial Park. The parent firm has signed a five-year lease for 24,297 sf.
BOCA RATON, FL-The locally based commercial real estate investment company posts a net loss of 13 cents a share for the three months, compared with a net gain of 37 cents for same period in 2000. Boca Raton is 42 miles north of Miami.
DETROIT-The planning and development department will accept proposals to change or modify tax-free zones until July 13. Two more zones, set up to address economically distressed areas, could be created under law.