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DURHAM, NC-The I-40 corridor is still the hottest thing around, but Downtown Durham is getting a lot of attention as multi renovations begin turning the area into a 24-hour city 90 miles northeast of Charlotte.
MILL CREEK, WA-In its third acquisition announced this month, Houston-based Stewart Title has purchased the seven-office Charter Title Corp. headquartered in Mill Creek. This addition bumps Stewart's Washington presence to 39 offices.
NEW YORK CITY-To get on REALTOR.com and expand, Marilyn Harra Kaye's MLB Kaye International Realty has joined NAR. Also, 100 other residential firms are looking to start a Manhattan branch of NAR to get an MLS off the ground.
STAMFORD, CT-CB Richard Ellis officials say that the Westchester County office market continues to post strong results, although its overall office vacancy rate rose slightly in the last three months.
TINLEY PARK, IL-Harbor Tool Manufacturing, Inc. moves into an 85,900-sf build-to-suit here. Construction of the building at 8300 W. 185th St. is completed by Bannockburn, IL-based Principle Construction Corp. in 120 days.
ORLANDO-The 10-year lease brings The Reserve at Maitland, a single-story, 196,000-sf, three-building office complex to 60% occupancy in suburban Maitland Center, the area's second largest submarket with a vacancy factor of 9.46%.
NEW YORK CITY-Mayor Giuliani has announced Canadian Imperial Bank of Commerce World Markets will anchor Brookfield Properties' development at 300-310 Madison Ave. The lease is the result of negotiations with the city.
DALLAS-In a once-a-year report, the final count shows the region's office buildings' average selling price has dipped. Not really a concern, says Roddy Information Services, just an indication availability of class-A properties might be shrinking. All other sectors had experienced upswings.