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WASHINGTON, DC-The housing market index, a measure of home builders' expectations, rose two points this month. According to the NAHB, low mortgage rates are offsetting declines in consumer confidence.
HOUSTON-Fine Arts Express and EOG Resources have new spots in the city. One's headed to 24,268 sf at Allen Center in the CBD and the other to 28,117 sf in University Park along the Gulf Freeway.
PHOENIX-Cox Communications, facing a spate of technical and service issues, has ceased work on a new office campus it had under construction and has put the unfinished building up for sale.
WALTHAM, MA-While rumors abound about Polaroid's struggle to sell its office park here, Polaroid insists that negotiations are proceeding. The financially struggling company is considering selling some of its other holdings in this state.
VALLEY CENTER, CA-The Rincon Band of Mission Indians and the county have reached an agreement to kick in $7 million toward road improvements along Valley Center Road for its casino.
LOS ANGELES-Tejon Ranch Co. and Nevada's Dermody Properties plan a 650,000-sf speculative project on Interstate 5, as industrial space closer to Downtown LA gets harder to find.
ELMWOOD, KS-The project would have cost $130 million and generated 2,300 jobs but there was opposition to the plant from the beginning. Company officials gave no reason for their decision.
ORLANDO-Millionaire property owner and real estate investor Jim Veigle is petitioning the 5th District Court of Appeal. He wants a new trial after a state court threw out a request to have his revoked Casselberry, FL city license restored at Rachel's.
BOSTON-The firm's continued focus on its corporate advisory services is demonstrated with its promotion of Marilyn Rubbico to vice president and Ryan Hawley to associate. The two will provide various services to the firm's corporate clients.
WASHINGTON, DC-The housing market index, a measure of home builders' expectations, rose two points this month. According to the NAHB, low mortgage rates are offsetting declines in consumer confidence.