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FALLS CHURCH, VA-With construction slated for completion this month, two companies have signed up for 33,000 sf of space in the 360,000-sf Trophy Office Tower, the latest addition to Fairview Park.
CAMBRIDGE, MA-A recent, sudden increase in vacancy rates here does not mean rents will be plummeting anytime soon, according to David Begelfer, CEO of the National Association of Industrial and Office Properties.
BEND, OR-The Mt. Bachelor Inc. board of directors and the two companies competing for ownership of the ski resort near here have agreed to let a special committee review the competing offers for the resort.
SANTA ANA, CA-The approval process is under way on developing a 37-story tower that would house mostly office users, with a minimum of other commercial uses.
SAN FRANCISCO-The privately held real estate investment company will initially use locally based Citadon's development management software for eight planned office buildings in Woodbridge, NJ. Eventually the company will use it for 75 large-scale projects and 450 smaller tenant improvement projects.
NEW YORK CITY-Insiders and observers tell GlobeSt.com the unsubstantiated rumors, that Silverstein benefited in its bidding and negotiations for the World Trade Center from an alleged historic favoritism are simply ridiculous.
SAN DIEGO-Fears that the state's power shortage will halt the real estate boom are unfounded--at least for now. However, one of the region's leading tenant representatives, says other forces at work could damage the market.
ST. PAUL, MN-Metro Council chairman Ted Mondale credits urban renewal and smart growth policies for population increases in Minneapolis and St. Paul. The growth of 29,000 in the '90s reverses longstanding trends.
SILVERTHORNE, CO-A Canadian-based development company has picked Silverthorne Mall for its inroad into the US real estate market. The 257,878-sf retail center, which is 88% occupied, brings in $112 per sf for seller Prime Retail.