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BOSTON-The company 33 Broad Street LLC secured permanent financing for the property it acquired here in the city's financial district. Ownership has acquired and upgraded a number of buildings Downtown.
ORLANDO-The Federal Government is constructing a Web site that will daily update about 2,500 global investors who claim to have lost a total $200 million on what they thought were government-sponsored, mortgage-backed securities.
SAN FRANCISCO-Virginia-based AvalonBay Communities Inc. has broken ground on a 250-unit luxury high-rise apartment tower within Catellus Development Corp.'s master planned urban development known as Mission Bay.
NEW YORK CITY-Sprint and 360networks will share about 159,000 sf in the former headquarters of the Port Authority, which over the past few years has become home to many telecom and Internet companies.
MIAMI-The $25 million, nine-story, 123-foot tall building, just north of Miami International Airport, does not exceed Federal Aviation Administration obstruction standards, the agency rules.
ST. PAUL, MN-Jumping on blackout woes, the state uses billboards and a Web site to stress it offers reliable power at lower rates in an effort to lure high-tech firms from Silicon Valley.
ORLANDO-Retired British industrialist Joseph Lewis and his family-owned Tavistock Group are blueprinting two office towers with a total 500,000 sf; 75,000 sf of retail; 200 luxury apartments; and two garages totaling 1,750 spaces. The estimated hard cost: $120 million.
FRANKFURT-There's some 300,000 sm of new office space expected to come online before year's end. That's good news for local real estate executives who are being forced to find space in out-of-town markets for corporate clients.
DENVER-United Artists had been poised for a year 2000 loss so it came as no surprise when bean counters' calculations tallied $126.3 million. But things are looking better now that billionaire Philip Anschutz is in control.
ATLANTA-Rents will range from $1,195 to $3,695 per month. Wood Partners, Novare Group and WN Buckhead plan 378 units; 10,000 sf of restaurant; and 15,000 sf of retail. Estimated hard construction cost: $60 million.