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MINNEAPOLIS-Realco Inc. wants to expand its financial services business. Its other main business segments are real estate brokerage services, commercial construction, residential construction and land development.
PFLUGERVILLE, TX-An Austin bedroom community will be getting its first major retail development. Las Vegas-based American City Neighborhood Development has just bought 38 acres for its 377,000-sf proposal
SAN DIEGO-A partnership has sold a three-story, 41,902-sf office building in Mission Valley, located at 2515 Camino del Rio South, for nearly $4 million in cash.
DALLAS-Texas has all the right genes for weathering a nationwide recession, say regional executives. Job growth is slowing somewhat statewide, but it's still far ahead of the rest of the Union. The state's diversification is the key to continued growth.
PORTLAND-The discount variety store will open six stores in the Portland metropolitan area in the next 90 days, says Mark New of New & Neville Real Estate Services, the locally based retail brokerage helping Dollar Tree navigate the marketplace.
LOS ANGELES-Developer JMB Realty Corp. begins long-awaited Westside project after signing $500-million lease with entertainment conglomerate MGM. Brokers tell GlobeSt.com another big lease deal is in the works that could guarantee more than 80% of 34-story tower will be rented when in opens in 2003.
DETROIT-The city is stepping up negotiations to purchase 57 acres for the three $2-billion permanent casinos along the river. An attorney says the city has stepped up efforts to buy most of the parcels by April.
ORANGE COUNTY, CA-Federal transportation czar warns local officials they might not get funding for ambitious train system. "You better have a unified position before you come talk to me," he says.
NEW YORK CITY-As corporate cutbacks are announced across the country, both the city and executives in the real estate industry indicate the bearing on the local economy will be slim to none.
LOS ANGELES-Developer JMB Realty Corp. begins long-awaited Westside project after signing $500-million lease with entertainment conglomerate MGM. Brokers tell GlobeSt.com another big lease deal is in the works that could guarantee more than 80% of 34-story tower will be rented when in opens in 2003.