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DALLAS-The Dallas-Ft. Worth region is leading the nation in job growth and another 80,000 positions are to come on line this year, says Holliday Fenoglio Fowler's research director. The office market might be in a temporary slump, but multifamily is not.
BOSTON-A Massachusetts Turnpike Authority official comes out in favor of height limits on buildings built over the Massachusetts Turnpike. This is a switch for the Authority, which has supported large projects to pay for the Big Dig.
ELMSFORD, NY-Real estate and building officials in Westchester and surrounding Hudson Valley counties believe they will finally have a "fair hearing" on land use disputes now that a new Environmental Claims Part has been established for the Ninth Judicial District.
SOUTH ORANGE, NJ-Kislak brokers arranged the deal for both the buyer and seller as part of a 1031 exchange on an all-cash basis from the sale of a New York property.
WASHINGTON, DC-Locally headquartered Karchem Properties will advise the law firm of Shook, Hardy & Bacon in the construction of the law firm's new 600,000-sf build-to-suit headquarters in downtown Kansas City.
BOCA RATON, FL-The developer-operator of wireless communications towers reports a quarterly net loss of $23 million due partly to a $5.1 million writeoff of deferred financing fees. Total revenue, however, increased 74%.
ATLANTA-First-quarter funds from operations totaled $39.7 million, down $3.8 million or 8.7% from $43.5 million in the comparable 2000 period, the REIT reports. Total revenue of $102.6 million was up 7.5%.
ORLANDO-The first two-story, 12,000-sf, $6 million phase in the planned 250,000-sf I-4 Commerce Center at the robust 33rd Street Industrial submarket is expected to be completed in September. It's the first second-quarter project going up at the 33rd Street park.
SAN FRANCISCO-After experiencing increases in asking rates of between 45% and 80% last year, Cushman & Wakefield predicts that rents in the San Francisco and Silicon Valley markets will have dropped between 13% and 18% by the end of 2001.