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ST. PAUL, MN-The project on the north bank of the Mississippi River near Downtown will build as many as to 600 units, as well as an additional 100 units of affordable housing and 23,000 sf of commercial space.
NEW YORK CITY-Contrary to popular belief, Steve Roth may not get the brass ring after all. Negotiations between the Port Authority and Vornado have stalled, and PA officials have renewed their interest in the #2 bidder, Silverstein Properties.
TUALATIN, OR-To be named Aspen Place, the 28,561-sf, three-story office building is being developed at 18768 Boones Ferry Rd. and slated for completion in September of this year at a monthly full-service rate of $23.50 per sf.
HOUSTON-KWI is moving its North American headquarters and client-training site to The Woodlands' Waterway Plaza I. The finish out will be completed in 30 days for the energy industry's niche software provider.
NEW YORK CITY-The availability rate rose 0.4% in a month and the average asking rate in February saw the first monthly aggregate decline since 1996. Still, the availability rate last month was one percentage point lower than it was a year ago.
BOSTON-In a demonstration of its emphasis on the role technology plays in its company, Boston Properties promotes James J. Whalen, Jr. to senior vice president and chief information officer. Whalen is responsible for all technology initiatives.
ORLANDO-Most of them weren't 'big deals,' but the brokerage's production covered 72,779 sf in six buildings and helped earn commissions for 10 agents. The locally based firm also completed a $1.5 million office building sale and a $600,000 land transaction.
POMPANO BEACH, FL-The locally based owner-operator of casual-dining restaurants built four new restaurants in the third quarter ended Jan. 28 and seven during the first two quarters of fiscal year 2001. Pompano Beach is 32 miles north of Miami.
PHOENIX-Commercial finance company Finova is seeking a tenant to sublease at least 40,000 sf at its posh headquarters in Scottsdale. The firm could have move out of the office building altogether as part of its Chapter 11 filing.
BLOOMINGTON, MN-Jeff LaFavre is cited as a "prolific producer and excellent team leader" in receiving the United Properties' "2000 President's Award of Excellence.