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MIAMI BEACH, FL-When construction is complete, the Edgewater Hotel will offer 50 luxury hotel rooms and a 5,200-sf restaurant in the South Beach section of this ocean-resort city 5 miles east of Miami. The asking price equates to $413.50 per sf.
PEWAUKEE, WI-The 119-room Radisson Hotel Pewaukee offers the latest technology, such as high-speed Internet access, to business travelers within a structure done in the Frank Lloyd Wright 'prairie' architectural design.
WASHINGTON, DC-Fannie Mae has announced $130 million worth of early security redemptions later this month. The five securities carry interest rates ranging from 6% to 7.6%. They are slated for April 17 and 18.
GOSHEN, NY-The Orange County Partnership reports that it will award Orange County Executive Joseph Rampe with its annual Most Valuable Player Award on May 30 for his work in promoting economic growth in the region.
SAN FRANCISO-In the cities of San Bruno, Colma and Daly City projects are already in the works focused around transit stations. In thriving transit hubs like San Mateo, tenants are signing up for space within walking distance of transportation.
CHARLOTTE-The 10-year-old, Denver-based developer is confident its 134,000-sf, estimated $10 million industrial building will be filled quickly based on its track record with its first fully-leased asset.
KANSAS CITY, KS-Major improvements to Kansas City Kansas School District buildings are coming after passage of a bond issue. Commercial property owners will see increases --$235.25 for the owner of a $100,000 building.
DALLAS-Leasing activity in the past week is putting two new tenants into office space and two retailers prepping for store openings in the metroplex. Staubach has inked 48,562 sf while Weitzman brokers have closed 30,962 sf in leases.
NORTH ANDOVER, MA-Lucent Technologies, the New Jersey-based telecommunications company, plans to cut 1,000 jobs in this state. While the company intends to keep all facilities in this state open, some consolidation might eventually occur.