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MONTVILLE, NJ-While the office market in New Jersey has leveled off and put some space back on the market, industrial properties continue to sizzle with leasing and sales activity.
NEW YORK CITY-They include winners of REBNY's Most Ingenious Deal of the Year Award, the negotiator of the largest office lease in Manhattan and the winner of the company's Midtown Broker of the Year Award.
ALISO VIEJO, CA-Duke/Fluor Daniel, a partnership of Duke Energy and Fluor Corp., have contracted to finish construction of two power plants in Massachusetts in a deal valued at $400 million.
WASHINGTON, DC-Weakening job markets and slipping consumer confidence helped push the housing market index down another two points, to its lowest point since January. The last time the index reached similar levels was in 1997.
WASHINGTON, DC-The city will seek proposals for a mammoth new "headquarters hotel" for the new Washington Convention Center, just part of the big changes ahead when the current center is demolished.
ORLANDO-Working its way out of last year's Chapter 11 reorganization, the 25-unit, locally based restaurant chain lost $79.7 million on operations in fiscal 2000, an improvement from a $194 million loss in fiscal 1999.
LOS ANGELES-With a glut of sublet space now in the marketplace, some building owners are making concessions to land creditworthy tenants, but they're not giving away the store.
WINSTON-SALEM,NC-The locally based firm buys Atlanta-based RealtyLogix Inc. for an undisclosed sum. RealtyLogix is a risk management services company. Winston-Salem is 100 miles northeast of Downtown Charlotte.
KANSAS CITY-Tax Increment Financing plans had called for construction of a $25-million office building. DST Realty Inc. has no immediate plans for a site that once was slated for a 180,000-sf office building.
HOUSTON-Vantage Cos. has kicked off one of the first brand-new business parks in the market. The 28-acre, 365,000-sf development fronts Beltway 8, the bulk of which had been formerly owned by Houston industrialist William K. Bondeson.