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AUSTIN-Buls Hodge Consulting, rapidly becoming one of the city's most accredited space trackers, says there is 1.78 million sf of office and industrial sublease space in the market. The northwest is the hardest hit submarket and accounts for 53% of the open space.
HOUSTON-Betz Realty has picked about 10.6 acres in Legacy Park for its next industrial project. Come June, ground breaks on a 166,850-sf project positioned along Beltway 8, the city's next frontier of industrial development, says a broker.
BELLEVUE, WA-Like the earthquake and the Boeing decision, the local office market that breezed through 2000 with record low vacancy rates has become yet another source of anxiety.
PORTLAND-A new loan on the 124-unit Chinook Way apartments allows the local developer to clear up foreclosure proceedings, buy out an equity partner that was part of the problem and switch focus to the retail portion of its 95-acre planned community.
PHOENIX-A fast-growing supply chain management company has leased a 133,300-sf warehouse in Tempe vacated by a technology company that's in the midst of bankruptcy liquidation.
SAN LEANDRO, CA-A new Century 16 Theater is open at the 40-year-old Bayfair Mall here, and mall owner Heitman Retail Properties of Chicago, says the $12 million project should do wonders for mall anchors Long's Drug and Macy's.
CHICAGO-Two city blocks north of the Ogilvie Transportation Center will be turned into a 200,000-sf retail market by a joint venture between commuter rail agency Metra and US Equities Realty, LLC.
DALLAS-The North Texas Commercial Association of Realtors' new executive director is doing what he had promised, adding more members and drawing record crowds to events. A spring brokers tour is proof that the marketing effort is successful.
SAN LEANDRO, CA-A new Century 16 Theater is open at the 40-year-old Bayfair Mall here, and mall owner Heitman Retail Properties of Chicago, says the $12 million project should do wonders for mall anchors Long's Drug and Macy's.
CHICAGO-Two city blocks north of the Ogilvie Transportation Center will be turned into a 200,000-sf retail market by a joint venture between commuter rail agency Metra and US Equities Realty, LLC.