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PLANO, TX-A 131-room Hampton Inn in Plano is the latest to go in a disposition of limited-service holdings by Memphis-based RFS Hotel Investors Inc. The $5.5-million sale is the third disposition to be stripped from the REIT's portfolio since early October.
SCHAUMBURG, IL-The finance company's lease renewal in this northwest suburb is one of four recent transactions closed by Chicago-based Equis Corp., which also represented APV in a lease at 5100 N. River Rd. in Schiller Park.
AUSTIN-It's almost as good as being downtown, says the broker, but there aren't any battles with traffic or long searches and high price tags for parking. Two tenants are taking space in CBD periphery buildings instead of the more prestigious addresses in the state capital's heart.
SEATTLE, WA-The central business district was hardest hit, with 47% of the total within its borders. Then again, says Colliers, there are currently tenants looking for 1.3 million sf in Seattle within the next six to 12 months.
VALLEJO, CA-The Arlington, VA-based retail developer is in early discussions with city and county officials regarding the possible puchase of a 200-acre fairground property near the Six Flags Marine World Park.
CHARLOTTE- Fourth-quarter core revenues for the telecommunications firm amounted to $30.5 million, a 16% increase over the third quarter. For all of 2000, core business revenue rose to $101.8 million compared to $53.5 million for the year before.
COLUMBUS, GA-Hobby Lobby is entering the Columbus market with a 10-year lease on big-box space vacated by Home Quarters more than a year ago. The lease marks the sixth HQ store Hobby Lobby has used to move into a market.
KANSAS CITY-Rezoning of the Central Industrial District for lofts is met with opposition. However, other property owners favor plans by 3rd Millennium Developers to develop 34 lofts in a used tire warehouse.