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FORT LAUDERDALE, FL-Delivery of new product in the first quarter, though, pushes overall vacancy rates upward in Broward, Miami-Dade and Palm Beach counties and provides tenants with some short-term leasing opportunities. Fort Lauderdale is 26 miles north of Miami.
SPOKANE, WA-Newport Northwest LLC, an affiliate of Newport Generation Inc., plans to joint venture with Cogentrix Energy and Avista Power to build the largest of three gas plants in the area.
NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is putting leases for the sites of five former diners up for sale.
NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is selling the leases for five sites where the diners once stood.
SAN JOSE, CA-A new director of leasing and two new reps are hired for the Rockville, MD-based REIT's master planned mixed-use community scheduled to open here in mid-2002 with 680,000 sf of shops and restaurants.
ORLANDO-American Access Technologies Inc. of suburban Lake Mary, FL and Farmingdale, NY-based DataWorld Solutions Inc. expect to grow their telecom supply markets more efficiently but no major management changes are on deck. The value of the planned deal wasn't disclosed.
PHOENIX-A defunct retail center that was thrown in as part of the deal that brought the Phoenix Coyotes to Glendale will be redeveloped by team owner Steve Ellman to include up to 600,000 sf of retail space, possibly anchored by Wal-Mart.
MINNEAPOLIS-The discount retailer will open 40 new stores in October. However, construction delays postpones openings in Montgomery Park, CA; Watchung, NJ; and Ithaca, NY.
BOCA RATON, FL-The National Council on Compensation Insurance Holdings Inc. is moving into a $52.5 million, 310,00-sf, three-story office structure jointly developed by Coral Gables, FL-based Codina Group and Orlando-based St. Joe Commercial. Boca Raton is 42 miles north of Miami.
FRANKLIN TWP., NJ-Bergman and Grand Realty team up for their second asset purchase in recent months. Grand Realty has acquired five properties over the last 12 months.