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ST. PAUL, MN-A Minnesota Shopping Center Association tax study concludes the average property tax cost per sf for a 25,000-sf to 40,000-sf retailer in a Twin Cities community shopping center is $2.72.
PORTLAND-In addition to honoring the top brokers in the community, the Commercial Association of Realtors raises thousands for Special Olympics Oregon, which held its winter competition at Mount Bachelor this past weekend.
SAN DIEGO-Crews have finished earthwork on the Salvation Army's Ray and Joan Kroc Community Center on University Avenue and have launched a construction process that should be finished by summer of next year.
SAN FRANCISCO-Unico, one of Seattle's largest regional office building investor and service providers, moved into the Bay Area market with the purchase of the 33-story 100 Pine Street building in the city's Financial District.
CHARLOTTE-Locally based Trinity Partners hosts a party to alert brokers and tenants the space will be available in the 24-story, 460,000-sf, 100%-leased Carillon Building owned by San Francisco-based Shorenstein Realty Services.
CHICAGO-Bad weather in the Midwest and a slumping economy is blamed for a 44.5% drop in fourth-quarter funds from operations for Horizon Group Properties, Inc. Exceptions were in Tulare, CA and Laughlin, NV.
BOULDER-The 158,997-sf Boulder Plaza has latched onto Bed, Bath and Beyond for its diverse shopping mix. The nationwide retailer has signed for 31,500 sf, with an eye on a store opening by year's end.
SOUTHFIELD, MI-The business software development company credits a rise in 2000 sales for whopping expansion. It moves from a 3,500-sf headquarters on Nine Mile Road to a 9,500-sf facility on Evergreen Road.
GARDEN GROVE, CA-Matt Construction is building the five-story, 57,000-sf structure that will reflect the world-famous home of the "Hour of Power" television broadcast.