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DETROIT-Keeping technology firms, land conservation and the naming of new government offices were discussed in Gov. John Engler's speech. More than 6,000 information technology companies now call Michigan home.
DENVER-American Furniture Warehouse has opened the doors to a 635,000-sf facility in ComPark. Furniture king Jake Jabs has done it up big time, saying he's bested IKEA and the Great Indoors with a facility of this size.
SEAL BEACH, CA-With the formation of GreenPark Fund II, the GreenPark Group is seeking capital to expand its focus to include cleaning up sites for future commercial real estate development.
BOSTON-As he prepares to leave his post, Big Dig chief Andrew Natsios presents his vision for the Surface Artery, the 30-acre parcel of land in the heart of the city to be exposed once the highway goes underground.
SAN DIEGO-Burnham Pacific Properties Inc. will declare and make a partial liquidating distribution of 10 cents per share following the expected closing of a 19-property portfolio.
HOUSTON-There's new twist on an old game to use the sealed bid process for property dispositions. Cushman & Wakefield of Texas' Houston office has added the process to its client services' lineup, dedicating 10 employees.
JERSEY CITY-Investment giant said to have serious conversations with city officials about a companion building to its 1.2 million-sf giant, currently under construction. The targeted site is currently zoned for 600,000 sf.
WINTON, NC-The Palm Beach Garden, FL-based developer/manager of security facilities has a potential $327 million contract from the Department of Justice for three years and seven one-year renewal options. Winton is 180 miles northeast of Downtown Charlotte.
SAN FRANCISCO-Downtown class A rents are down 3.77% to $69.19 per sf and class B rents are down 5.66% to $55.41 per sf. Vacancy is 17% higher and rents are nearly 30% lower in the dot-com heavy area south of Market Street.
STAMFORD, CT-A C&W of Connecticut report on the 50 largest lease transactions in the region in the year 2000 shows signs of a market maturation process, larger lease deals as well as the attraction of a diverse corporate base.