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DALLAS-Tier 2 cities are the real beneficiaries of corporate penny-pinching. Labor is cheaper and so is rent, say Dallas-Ft. Worth corporate real estate tenant reps. The region has nearly 3.2 million sf of class-A sublease space, says one research department.
ORLANDO-The Seattle-based retailer is holding an open house Tuesday for area vendors and suppliers interested in bidding on the company's planned ground-breaking this summer of an estimated 100,000-sf, $15 million store at the 1.1 million-sf Florida Mall near Orlando International Airport.
DALLAS-Tier 2 cities are the real beneficiaries of corporate penny-pinching. Labor is cheaper and so is rent, say Dallas-Ft. Worth corporate real estate tenant reps. The region has nearly 3.2 million sf of class-A sublease space, says one research department.
DENVER-The Magnolia brand hotels are designed to meet the needs of business travelers. The hotels are typically created out of old, distressed properties in urban areas and renovated into upscale business hotels.
AUSTIN-Washington, DC-based InPhonic Inc. has picked Austin for its first Texas location. Also opening is a New York City office. It's all about growth at 20% per month for the past five months and more is coming, says InPhonic's founder.
EDINA, MN-ISP Acme Internet wanted to move to an area where T1 service wouldn't be subject to frequent interruptions while Waddell & Reed didn't want to pay the owner a cut of its telecom upgrade.
NEW YORK CITY-The decline is good news, says Lodging Econometrics, because it leaves guestroom demand and pricing as the primary variables, eliminating future supply growth as a concern for the industry.