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GRAND JUNCTION, CO-A 52,000-sf Albertsons has been given a warm reception in Grand Junction, where a weeklong celebration has been held to fete the grocer's inroad into the community. The store has been under construction since July.
LOS ANGELES-California's Public Utility Commission approves plan to hike electricity charges by up to 46%, saying the big increase is needed to bail out utility companies and force "utility hogs" to conserve energy.
PETALUMA, CA-Basin Street Properties, a leading developer of commercial and mixed-use projects in the North Bay area, is expanding into multifamily projects this year through a newly formed alliance with Irvine-based Western National Group.
ORLANDO-Orlando Terrace Inc. is paying the government $1.94 million or $38.03 per sf for the 60-year-old, 66,000-sf facility which it plans to convert to a one-user office condominium.
FT. WORTH-Today marks one year since a tornado ripped through Ft. Worth. Rents are up, class-A space is down and relief might take another two years. Displaced tenants who inked short-term leases are under pressure to find permanent homes.
LOS ANGELES-California's PUC says increase is needed to bail out utilities and force energy users to conserve energy. Consumer and business groups say it will create hardship on consumers and cause more businesses to leave the state.
DALLAS-What's in store for commercial real estate's rapidly evolving bricks-and-clicks world? Realcomm 2001, set for June 14-15 in Dallas, might hold the key. The trade show and conference boasts a full gamut of high-tech solutions and products.
HOUSTON-A global logistics provider has inked a 19,200-sf lease for industrial space at Houston's Interwood Business Center. The German-based freight forwarder maintains more than 225 locations worldwide.