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BOCA RATON, FL-Locally based Concord Assets Group Inc. agrees to pay $2.65 per outstanding share for control of the commercial real estate investment company based in this city 42, miles north of Miami.
SEATTLE-Colliers International's first-quarter vacancy rate survey shows a figure of 7.8% for Downtown, more than double the 3.5% recorded at the end of 2000. The amount of sublease space also has nearly doubled.
ARLINGTON, TX-A 48,108-sf standard industrial building in the Great Southwest Industrial Park has snagged about $1.4 million for a health supplier. Also, a drug research business has expanded its lease in Dallas' medical corridor.
VANCOUVER, WA-In the works since last fall, preliminary plans filed this week have the company widening an I-5 exit ramp and a frontage road in order to obtain building approvals for a 143,000-sf store in the Salmon Creek area.
KANSAS CITY-A new parking garage will be built first for the Nelson-Atkins Museum of Art. That will be followed by construction of new 140,000-sf wing. The entire $115-million project is expected to be completed by 2005.
NEW YORK CITY-Former Human Resources Administration Deputy Commissioner Deborah Pollock and others have been indicted on charges of stealing as much as $300,000 in welfare housing funds. Hale House is still in hot water, too.
AUSTIN-The Austin Design Commission is looking to standardize a project checklist for Smart Growth incentives so that aesthetics can't sway project approvals. The proposed changes are being readied for presentation to the commission in May.
DETROIT-Mayor Dennis Archer isn't happy his city's population dipped into six figures. However, the last census showed a percentage decline in single digits for the first time in three decades.
NEW YORK CITY-Adding to its ever-deepening information content, GlobeSt.com now offers retail market statistics for all 25 of its market areas. The latest content update, created through an alliance with ChainLinks, joins current offerings on office market data and tax advisories.