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AUSTIN-It's not nearly as bad as it seems in Austin, which is practically recession proof, says Transwestern's year-end report that prints today. Austin can thank its emergence in the global economy, strong semiconductor and software development industries and quality of life that keeps skilled college graduates in town.
07-8-2002 Peter Korpacz of PwC07-1-2002 J. Paul Beitler ofThe Beitler Co.06-24-2002 Boston Mayor Tom Menino06-17-2002 NAIOP's Tom Bisacquino06-10-2002…
PHOENIX-A national REIT, that focuses on single-tenant, retail property, plans to open a regional office here that will look for opportunities throughout the Southwest and on the West Coast.
ATLANTA-The sudden exit of Daniel M. Dupree yesterday is raising interest today on Wall Street where a Lehman Brothers' research report hints Cousins Properties Inc. is in for a new era of development philosophy under the direction of R. Dary Stone, the company's new president.
SEATTLE, WA-Not tenant has been secured for the 10,000-sf retail space and leasing of the luxury apartments has yet to begin on the 366-unit project, which is now about 70% finished and on-track for completion this summer.
CHARLESTON, SC-American Financial Resource Group of Philadelphia paid $13.3 million for First Union Center, a 10-year-old 65,000-sf structure in this city's historic district, according to the buyer's news release. Charleston is 200 miles south of Downtown Charlotte.
HOUSTON-Trademark Cos. picks up 15 acres in a key section of west Houston for a 143,000-sf retail center. To date, seller Camden Property Trust has parceled off 553 acres of a 700-acre buy in 1998. About 70 acres will be kept in Camden's portfolio for multifamily projects while the balance will be sold to a retail developer.
LEE'S SUMMIT, MO-A branch of the Kansas-based bank will be located in the Chapel Ridge Shopping Center, near Interstate 470 and Woods Chapel Road, by the end of spring.
BALTIMORE-Cash flow will be used to pay off debt, fund project rehabs and for marketing, in accordance with terms of both the company's dividend policy and a financing deal, according to official.