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BROOMFIELD, CO-It's a landmark occasion for the 301-acre Great Western Park, where construction has started on an office campus for its first user. The McData Corp. project encompasses 109 acres and could add up to 1.4 million sf at full build out.
HOLLYWOOD, FL-Corporations are finding affordable commercial space as they renovate long-vacant buildings on the fringe of a successful Downtown redevelopment area in this Broward County city, 18 miles north of Downtown Miami.
PHOENIX-Venerable computer maker Apple Computer is looking at leasing space in at least two Valley malls, where it will open some of its first company-owned retail stores.
WASHINGTON, DC-The software problem that caused the National Association of Realtors to revise its residential housing analysis didn't have any impact on the group's commercial real estate figures.
OVERLAND PARK, KS-Commercial construction permit numbers are down in this city by half in February compared to January figures, as well as compared to the same time last year.
VANCOUVER, WA-According to a report by Norris Beggs & Simpson, seven pending projects will add nearly 285,000-sf of office space to the market this year, and class A rents will stay in the $20 per sf range.
ORLANDO-The retail specialist closes on five leases at five centers totaling 4,559 sf and valued at an estimated $1 million, bringing her aggregate leasing total in the two years she has been with the brokerage to 67,000 sf.
NEWTON, MA-Clarendon Photonics, a developer of planar integrated DWDM components, opens its 24,000-sf headquarters here. The company recently received $18 in equity financing from telecommunications investors who invest in start-up ventures.
CHICAGO, IL-Part of the strategy for office property owners to lure or retain tenants is to increase amenities. Equity Office Properties Trust responds to customer input by launching a "people space" at 1 N. Franklin St.
NEW YORK CITY-Broker Sandy Zuckerbrot shares insight with GlobeSt.com on the City Planning Commission's proposed Long Island City mixed-use district. The zoning changes would allow new commercial, residential, community and light manufacturing in certain areas.