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THE WOODLANDS, TX-The 130,000-sf Sterling Ridge Shopping Center is hanging a "no vacancy" sign. Hang Town Grill, which opens in the fall, has snagged the last spot in the Woodlands' retail line-up.
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.
DENVER-Local hotel owner/operator Navin Dimond gets the 2000 Award for Excellence from the Asian American Hotel Owners Association. His Stonebridge Cos. has become the nation's 51st largest owner/developer of hotels in 10 years.
ORLANDO-The locally based retail REIT posted first-quarter net earnings of $11.6 million or 38 cents per share compared to $8.6 million or 28 cents per share in the comparable 2000 period. FFO of $10.9 million or 36 cents per share, however, was down from $11.2 million or 37 cents a share in the same period last year.
ORLANDO-PricewaterhouseCoopers and Venture One report 18 first-quarter transactions totaling $104.9 million compared to 16 deals valued at $178.9 million in fourth quarter 2000. But total dollars invested in Florida for 2000 doubled 1999 volume.
CHICAGO-Failure to keep his Rogers Park apartment house in order, as well as make court-ordered repairs, lands six-flat owner Marek Galen in jail. City officials say the building was a haven for gangs and drug users.
REDMOND, WA-During its successful first quarter, Trendwest added 32 units at Branson, Mo; 39 units at St. George, UT; 26 units at Depoe Bay, OR, and 35 units at Bison Town, AZ.
LONDON - Swedish furniture giant Ikea has secured two more UK sites, in Sheffield and Southampton, as part of its strategy of tripling its UK chain to 30 stores.
SAN FRANCISCO-The power failure, which lasted for a little more than two hours on Thursday morning, comes one day after a federal judge dismissed a lawsuit in which PG&E sought $10 billion from California ratepayers.