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HOUSTON-Factory-2-U and Famous Footwear have signed for extra space in the city. The nationwide retailers have signed for an aggregate 41,000 sf at Westhill Shopping Center and Fairway Plaza.
ORANGE COUNTY, CA-A new Marcus & Millichap report says 2.9 million sf of retail space will be delivered here this year, roughly matching demand. More properties could be put up for sale as owners try to cash-in their equity gains.
LONDON-Economic growth in the UK slowed dramatically in the first quarter of 2001, but Knight Frank says UK commercial property remains well placed to ride out a potential downturn.
ROSEMONT, IL-Lease deals for 68,629 sf are signed in the 14-building AMB O'Hare Center at Balmoral and Pearl streets. The deals are completed by Trammell Crow Co. vice president Thomas P. Wagener, SIOR, CCIM.
AUSTIN-Colliers Oxford's first-quarter report says the fix is in for the Austin market, leveling the playing field between owner and tenant. More space is keeping a lid on rent, which has spiked 16% in the past year.
SCOTTSDALE, AZ-JPI of Irving, TX has hawked its 539-unit Jefferson at Scottsdale for $54 million in a record-breaking price for the region. The $100,185 per unit price is $26,645 higher than the average.
ANAHEIM, CA-Softect Solutions Inc. has inked a five-year deal for an 18,177-sf office at Anaheim City Centre. Other building tenants include Wells Fargo Bank, First World Communications and the International Rehabilitation Association.
ORLANDO-The locally based, 11-year-old manufacturer of fiber optic lighting products used in office building signage, retail projects and other commercial ventures posted a net profit of $22,118 or one cent per share compared to a loss of $14,661 or a loss of one cent per share in the 2000 period ended March 31.
LONDON - Economic growth in the UK slowed dramatically in the first quarter of 2001, but Knight Frank says UK commercial property remains well placed to ride out a potential downturn.
WHITMORE LAKE, MI-Phenomenal growth prompts four-year-old Aston Group-Michigan, a reseller of business software, to shift its offices in Farmington Hills and Ann Arbor to a new 19,500-sf headquarters here.