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CHARLOTTE-Trammell Crow Co. posted one million sf of leasing activity in the first quarter including a 206,000-sf deal with Home Depot. The market is slower but remains active, Crow officials tell GlobeSt.com.
NEW YORK CITY-Overall, the prices of apartments rose 11% during the first quarter compared to 4Q 2000. Luxury units in Midtown declined dramatically, however, falling 44% compared to late last year.
FORT LAUDERDALE, FL-The publicly traded developer and operator of lodging facilities now predicts it will meet or exceed the annual stock forecast for 2001 on unanticipated first-quarter growth. Fort Lauderdale is 26 miles north of Miami.
ORLANDO-The 13th annual report by the New York-based real estate valuation and consulting firm calls Orlando and Las Vegas "the best-loved tourist destinations in the nation.
NEWPORT BEACH, CA-The healthcare equity REIT's first quarter performance was down slightly from the same period last year after conforming to the Securities and Exchange Commission's Staff Accounting Bulletin adopted at the end of last year.
RALEIGH, NC-Associate John Daly is handling corporate services management for clients with regional or national headquarters based in the Carolinas. Lisa MsCoy moves up to senior marketing representative status for the corporate services group-Carolinas.
MINNETONKA, MN- Eric Danziger cites personal reasons for retiring from hotel industry. He will move back to California, where he has family. His hotel career began at age 16 as a bellman at the Fairmont Hotel.
NEWPORT BEACH, CA-The equity REIT, which invests in healthcare-related facilities, increased its cash dividend to holders of both common and preferred stock.
TARRYTOWN-A commercial broker who covers Westchester and Fairfield Counties says that corporate downsizings and the demise of e-commerce companies in the region put a large amount of sublease space on the market in the first quarter.