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LOS ANGELES-The two schools didn't make it to basketball's "Final Four," but they'll compete in NAIOP's annual Real Estate Challenge on Thursday in Long Beach.
GREENVILLE, SC-Fitch is giving an AAA rating to the county's $38 million in outstanding general obligation bonds. Office occupancies are at 77%, or 2% lower than in 1999. The area has a four-year supply of office space.
DENVER-It's a transitional year for Denver-based AmeriVest, which had its FFO drop but net income increase for 2000. Overall, the REIT's leaders are pleased in the changeover from a diversified portfolio to strictly office.
MINNEAPOLIS-Going from a REIT to a software company has proven to be a difficult journey for Stonehaven Realty Trust. Despite stable cash flow from real estate and increase revenue, the company still finsihes in the red.
CHICAGO-The firm assumes property management responsibility for four Downtown properties here with a total of 45,976 sf, as well as 139,879 sf in Pittsburgh, 33,675 sf in Boston and 9,290 sf in Philadelphia.
BOSTON-The city is considering having designers compete on how to best plan part of the Surface Artery, the 30-acre parcel that will be created here once the Big Dig finishes putting the highway underground.
ST. LOUIS-The two leases account for nearly 35,000 sf of space. Lockwood Greene Engineers takes 24,400 sf at 1000 Des Peres Rd. Hardees takes 10,534 sf at One Firstar Plaza.
WASHINGTON, DC-Gilbane will manage construction of the new $265 million US Capital Visitor Center, a 600,000-sf, underground, three-tier complex slated for completion in time for the 2005 presidential inauguration.
MINNEAPOLIS-Preservationists may have tough time defending the much-remodeled theater against the Walker Art Center's plans to demolish the structure to make room for parking, says a local architecture critic.