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MIDDLETOWN, NJ-First, the developer of the proposed mixed-use project and its critics set up separate Web sites. Now the two sides have taken to election-style signage and leaflets.
BRIARCLIFF MANOR, NY-After more than four years in the approval process, developer Donald Trump is now moving dirt at his Trump National Golf Club here. However, the developer tells GlobeSt.com that the $125-million development will be well worth the wait.
AUSTIN-Travis County has cut a list of nine architects for a 60,000-sf building down to three. A five-member team will have its recommendation for the commissioners by Tuesday. Final interviews already have started.
EVANSTON, IL-The school receives a new 63,000-sf engineering design center in the university's science and engineering corridor, complementing an earlier gift of the company's center for global citizenship.
ATLANTA-The 405 million-sf warehouse/distribution market posted a first-quarter vacancy of 9.3% versus an average 8.7% for all of 2000. But new construction of 10.7 million sf shows development and tenant demand remain strong, especially in the bulk warehouse sector.
FREEHOLD, NJ-The money will be used to develop the fourth office building within the Monmouth Executive Center, a 66,800-sf facility that increases the asset to 175,000 sf.
WALNUT CREEK, CA-Overall office vacancy rates for the North I-680 corridor stand at 5.8%, up from 4.1% at the end of 2000. It could have been worse--if there had been more reliance on the tech-sector.
CHICAGO-Jackson, MS-based Parkway Properties, Inc. agrees to buy 233 N. Michigan Ave. for $173.5 million, the highest price paid for a Downtown office building in 2001. March First holds 13% of the space.
ORLANDO-Robert W. Miller, senior vice president, CB Richard Ellis Inc., Orlando, says deals are being done faster using the Internet but they are not closing in cyberspace. Michael Heidrich, a vice president at Realvest Partners Inc., flatly rules out Web deals.
TUCSON-Office development is definitely on the upswing in Tucson, but it's not the garden-variety of years past. Campus designs of five to 15 buildings are the hot looks, with nearly 600,000 sf in the works.