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CARLSBAD, CA-Workers have completed the steel framing on the third phase of Carlsbad Pacific Center, a three-building, 130,000-sf office park here that is owned, managed and being developed by Prentiss Properties.
LEEDS-In one of the Yorkshire city's biggest-ever pre-lettings, serviced office provider Gainsborough Morrison has taken a 48,462 sq ft pre-let at phase II of Miller Gregory's Whitehall Place office scheme.
LOS ANGELES-The local investor is proposing a 194,000-sf loft and retail project that he plans to build on a prime Hollywood parcel. The project, estimated at between $50 million and $60 million, would rise on the corner of Franklin and Highland.
ORLANDO-Realvest Partners Inc. founder/president George D. Livingston expects fewer but larger warehouse hubs with many of the newer structures wired with broadband.
SEATTLE-The new terminal, constructed primarily of glass and steel, will offer views of the airfield and Olympic Mountains. Construction is expected to take approximately three years but "it will put the heart back into the airport," according to airport officials.
DENVER-Investors in Denver-area multifamily rental buildings during the past three years booked returns on their down payments of up to 64%, not including cash flow from rents or mortgage principal reduction.
HOUSTON-Commercial real estate agencies, Arthur J. Gallagher & Associates and Texas Insurance, are joining forces. Gallagher's takeover adds offices in Houston and Spring, TX. Gallagher has several offices in Dallas and San Antonio.
PORTLAND-It seems only tenants with lapsing leases and developers already in the ground are moving forward in the face of a stalled economy. Building owners, meanwhile, are busy trying to keep lease rates stable.
FALLS CHURCH, VA-REITs that had teamed up with beleaguered BroadBand Office found themselves scrambling to make sure the fraction of their tenants using the company's services aren't suddenly cut off.
DALLAS-The deals might be slower right now, but they are still flowing in Texas, a favorite landing spot of all types of high-tech companies. Texas execs say most metropolises are holding their own. Austin should stabilize by year-end.