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NEW YORK CITY-In the latest poll of GlobeSt.com readers, a surprising majority said most new business are popping up in suburban markets and most predicted that real estate values will stagnate in 2001.
BUENA PARK, CA-Since the process began in 1987, this is the closest the city has come to actual construction of a facility to replace its 43-year-old structures now in use.
DETROIT-Detroit Mayor Dennis Archer remains hopeful about a new plan to move only the MGM Grand alongside Detroit River, but wants agreement from a reluctant city council, angry that two casinos may opt to stay Downtown.
HOUSTON-Two leases, totaling 178,000 sf, have been cut for Memorial City Plaza that spell office consolidations for two companies. TotalFina's 130,000 sf will combine two locations and Computer Associates' 48,000 sf, three.
ATLANTA-The possibility of less than stellar first quarter revenues is prompting Boca Raton, FL-based firm to close a 25,000 sf facility in northeast Atlanta, along with a similar site in Atlanta.
FAIRFAX, VA-The company, continuing its strategy to sell its real estate to pump up the growth of its proprietary brands, sold the Wellesley Inn here to Elite Hotels LLC, based in Annandale.
CHICAGO-Tax records indicate Commonwealth Edison pays more than $5 million for a parking lot at the southwest corner of Taylor and Jefferson Streets, part of the former Chernin's Shoes portfolio that continues to undergo a transformation.
SPOKANE, WA-The 48-unit White Pine Lodge will be located in the heart of the Schweitzer ski-resort near Sandpoint, ID. The three-hour weekend sales event was held at The Davenport Hotel in Spokane last weekend.
ROSEVILLE, CA-Roseville Mayor Claudia Gamar tells GlobeSt that part of the city's attraction "is that we have our own electric company, and that takes away some of the fears and concerns businesses as well as residents have in coming to the city.
ANN ARBOR, MI-A new lab, science and administrative building promise to bring new space and ideas to the drug company, says a spokeswoman. However, further expansion may be needed.