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ST. PAUL, MN-Building owners worry about Gov. Jesse Ventura's proposal to extend the sales tax to a wide range of business services, including property management fees, legal and accounting services, and leasing agents' commissions.
SAN DIEGO-With plans for the new ballpark district being resurrected, so are plans for hundreds of new apartments in the East Village area north of the mammoth project.
DALLAS-Hillwood is out of the gate with four projects and has three more in its 2001 pipeline. All's on track to meet its annual development quota for the firm that had grabbed 15% of the Dallas-Ft. Worth industrial leasing activity last year.
RICHMOND, VA-John S. Schneider will retire as director and chief operating officer of United Dominion by the end of the first quarter, and newly hired president and CEO Tom Toomey will oversee apartment operations.
ORLANDO-The 1,300 new residents moving weekly to Orlando will support new shopping centers even as the economy continues to head south, John M. Crossman, senior vice president/director of retail services, Trammell Crow Co., tells GlobeSt.com.
NEWARK-McLeod USA, which already has space in a JEMB Realty telecommunications hotel in New York City, crosses the river to sign on at the company's New Jersey Telecom Exchange.
NEW YORK CITY-Most of the upgrades resulted from increases in subordination levels resulting from paydowns. Downgrades affected the health care industry, retail factory outlets, credit tenant lease deals and limited service hotels.
ORANGE COUNTY, CA-Private investor buys flex-tech building in Irvine, while religious group buys office space in Anaheim and automotive manufacturer extends lease in Irvine.
AUSTIN-Intel's recent announcement that it's halting work on a 435,000-sf CBD office building has drawn some takers for the site. A potential buyers' list already has started, just in case Intel decides at yearend to sell instead of move forward.
NEW YORK CITY-With malls traditionally pinning their hopes on big-box anchors and those stores now in trouble with consumers holding on tighter to their wallets in the face of a slowdown, one expert says it's time for change.