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CHANDLER, AZ-Lowe Enterprise Commercial Group is pushing dirt on a 375,000-sf first phase of a $49-million office park. The 26-acre site is about a half-mile from the under-construction Price Freeway.
MINNEAPOLIS-Hank Dawson is promoted to vice president of property development for the electronics retail giant, which plans to add 60 outlets a year over the next four years, increasing its total from 425.
FLOWER MOUND, TX-The commercial real estate world got a sneak preview at plans for Lakeside DFW, a Verizon SmartPark, that fronts Lake Grapevine. Six million sf of retail, office, restaurant and a hotel-conference center are in the works.
CLIFTON, NJ-The spring of 2001 is the target date for the women's apparel maker and retailer to occupy a 360,000-sf facility being built by the Morris Cos.
LONDON-Transport is the biggest issue facing London office workers, according to a new survey from GVA Grimley. Most people spend nearly two hours getting to and from work each day.
DENVER-Concerns over an anti-growth amendment on the ballot prompted a rush of permits to be pulled last year, but the measure's defeat means many developers got ahead of themselves, says one multifamily broker.
ATLANTA-Some softening class B and class C markets are offering free rent and reduced rents but it's not that prevalent yet in class A space, John Poulos, vice president, Grubb & Ellis Co., tells GlobeSt.com.
WAPPINGER, NY-New York Governor George Pataki and a host of other state and local dignitaries were on hand for the opening of Cervalis Inc.'s new 71,000 sf Internet Data Center here in Dutchess County.
LOS ANGELE-Continental Development Corp. has begun construction on a 23,986-sf low-rise office project in Hawthorne. It is the second office project that the developer has begun building in the last week.
OAKLAND-The Minneapolis hotel investor is "active on the buy side," say company officials after buying the 293-room hotel with American Property Management Corp. from Westmont Hospitality Group.