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KANSAS CITY-Talk in the Brookside neighborhood shopping district still swirls about national retail coffee chain Starbucks opening in the shopping district with the recent departure of Espresso Ah La Cart.
NEW YORK CITY-As real estate e-technology companies come and go, including the current trials of CapitalEngine.com, Julien J. Studley's chief technology officer tells GlobeSt.com that software specialized to only one industry use is a dangerous investment.
BOSTON-Boston Properties appoints David C. Provost vice president of marketing and leasing for this region. Provost was involved in a number of the company's recent large developments, including 111 Huntington Avenue at the Prudential Center here.
CHICAGO-The nation's largest industrial REIT posted a 10.1% increase in FFO to $3.66 per share in 2000 even after a 9.6% fourth-quarter increase. It's geographic refocus includes exiting eight markets.
CHARLOTTE-A 135,000-sf Home Depot retail store and a 10,000-sf CBS Pharmacy will anchor the first 145,000-sf phase of Promenade on Providence, scheduled to open this summer. The estimated hard construction cost is $40 million.
NEW YORK CITY-Timothy Baydala also served with investment banker Cowen & Co. and as VP and group head of Chemical Bank's real estate investment advisory service group. Jeffrey Norman worked in national institutional investment marketing at Landauer and was VP of its valuation and technical services division.
OAKLAND, CA-Keith Mackenzie is the new managing director and senior vice president for Grubb & Ellis' new Oakland office, responsible for adding staff and beefing up the company's East Bay portfolio.
SEATTLE, WA-The ball club will forgo pursuing any further public funds to cover the $517 million in overruns incurred in the construction of Safeco Field. In return, it receives the rights to go after contractors and other third parties involved.
ROSEVILLE, CA-A 150,000-sf industrial project and two smaller retail projects are in the works here by Patterson Properties Inc. Plans for the Fairway Plaza project include fast-food restaurants for the northwest corner of Stanford Road and Fairway Drive.