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BOSTON-City Councilor Maura Hennigan asks the city council to consider holding onto the land for the proposed convention center here in South Boston until its assured that it has all financial safeguards in place.
TUCSON, AZ-Land prices and demand continue to rise in this southwestern city. And with little new development expected this year, the commercial real estate market will remain healthy, according to a new study.
SEATTLE, WA-The Elliott, a 30-story 900,000-sf luxury hotel with 538 guestrooms and suites, is scheduled to open on or about the first of May. The hotel's restaurant is split on three levels and has an 8,000-bottle wine list.
PLANO, TX-Miramar Development has snagged its largest tenant for one of its three east Plano projects. Microtune will be occupying 43,680 sf at the 10-acre Jupiter Service Center, signing a five-year lease for the site.
HEATHROW, FL-The suburban broker did $170 million last year, with 25% of the transaction total generated from individuals relocating to Central Florida. Roger Soderstrom, the firm's founder/owner, tells GlobeSt.com he is counting on the relocation wave to continue in 2001. Heathrow is 25 miles north of Downtown Orlando.
MIAMI-Audrey Ross, senior vice president and shareholder with locally based Esslinger-Wooten-Maxwell Realtors, breaks the firm's weekly sales record, averaging about $4.8 million per sale.
HOUSTON-Trees for Houston picks the Wolff Cos. and CFO David L. Lane once again for its top preservation award. The prestigious honor goes for planting 72 100-gallon live oak trees in Wolff's 150-acre office park and nearby highway medians.
TURLOCK, CA-Dave Davis, chief financial officer for the publicly traded document management company, describes the sale of the 100,000-sf facility and an adjacent, vacant parcel as simply "the conversion of an underutilized asset to cash.
ROSEMONT, IL-Colliers Bennett & Kahnweiler Inc. recently completed six industrial leases totaling 225,000 sf. The largest involved freight companies looking to locate in the O'Hare submarket and with access to expressways.