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NEW YORK CITY-Credit Suisse First Boston sponsored the 2001 REIT Conference at the Plaza Hotel over the past three days. The sentiment shared was that the boom will continue, but with more moderate increases.
AUSTIN-It had been a quiet day at Renaissance Women's Center as doors closed on a four-year-old facility. As yet, there's no word about the fate of the structure, owned by Philadelphia-based Universal Health System.
SAN DIEGO-The City Council Tuesday unanimously approved two mayoral nominations to the Port Commission: Patricia McQuater, who previously served on the commission, and Peter Janopaul.
CAMBRIDGE, MA-Millennium Pharmaceuticals leases 400,000 sf here in University Park, reportedly the largest lease ever to be signed here. The biopharmaceutical company already leases 240,000 sf at the park.
CHICAGO-The international real estate services firm says the market's diversity in employers make it better prepared than others to get through the current economic slump. Some "new frontiers" may even see more growth, it says.
BOSTON-The recent surge in sublease space here, due mainly to the declining fortunes of high-tech companies, has not made life much easier for tenants here. Local brokers say the market is still very strong.
SAN FRANCISCO-A San Francisco-based communications company has agreed to lease 165,000 sf of space at the new Cove at Oyster Point. Dallas-based Hines will develop the 600,000 sf project in South San Francisco.
KENT, WA-The four-building campus, purchased by its current owner for just over $5.35 million in May 1999, was put on the market four months ago with a list price of $8.5 million.
SPRINGFIELD, MO-The Southwest Missouri association is unanimous choice about 10 years after an initial effort to join the federation failed. The association will cover more than 10 counties.