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DALLAS-Bombardier Aerospace and SimuFlite are teaming on the nation's first manufacturer's direct training center for pilots and maintenance technicians. The 81,800-sf expandable facility is at Dallas-Ft. Worth International Airport.
DENVER-The Downtown Denver Partnership is smiling over a recent report that quantifies a decade of transition. All aspects have risen significantly and office vacancy at fourth quarter close had been at a 20-year low.
MIAMI-Three amendments offered late Thursday afternoon salvaged the Florida House bill from potential defeat. This would have scuttled a 40,000-seat construction project estimated to cost between $385 million and $521 million.
PHOENIX-In spite of strong development, demand for apartments in the Valley was strong enough during the first quarter to push the occupancy rate to its highest point since 1997.
BEAVERTON, OR-Work on the bankrupt $100 million office, residential and retail project stopped in early 1999, two years after it began, when its developer failed to find the necessary financing to proceed, leaving several buildings half constructed.
CANTON, MA-This area, 15 miles south of the city, is witness to another development as Conroy Development Corp. finishes work on a 175,000-sf Class A office building here on 130 Royall St.
MOUTNAINVIEW, CA-The online company based in Mountainview, CA rolled out its residential closing service a year ago and is now beefing up management en route to launching commercial closing services.
PHOENIX-A three-million-sf complex that includes retail and office space and hotels will surround the new site of the Phoenix Coyotes ice hockey arena in Glendale, while the former Scottsdale site remains vacant for now.
SAN ANTONIO-In back-to-back deals, Provident Realty Advisors has bought 32 acres and sold 14 to Lowe's in the economically depressed northeast submarket. It's a San Antonio first for both, with the end result to be a 320,000-sf retail project along Austin Highway.
NEW YORK CITY-Insignia/ESG's First Quarter Market report sees an increase in leasing activity, but space returning to the market resulted in overall negative net absorption throughout Manhattan in March.