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NEW YORK CITY-Credit Suisse First Boston sponsored the 2001 REIT Conference at the Plaza Hotel over the past three days. The sentiment shared was that the boom will continue, but with more moderate increases.
PHOENIX-Arizona's jobless rate rose slightly during January, a trend that could continue given the recent news that two more Valley businesses plan to lay off as many as 700 employees.
NEWARK-The integrated communications provider has signed a lease for 56,000 sf at 1100 Raymond Blvd. Location will serve as a switch site and data center.
NEW YORK CITY-Even most optimists are starting to consider the dreaded "r-word" to describe the current economic climate, particularly in light of yesterday's (Feb. 28) poor trading performance. Tony Malkin advises keep leverage low to withstand any economic threat to revenue.
HOUSTON-A group of investors has snagged one of the few remaining frontage parcels along Loop 610. Buyer McCarty Drive LLC has construction crews working hard on a Ryder truck dealership.
AURORA, CO-Graebel Cos. former headquarters has a new owner, who has paid about $6.3 million to be part of the neighborhood where it does business. Continued company growth could signal an expansion on the 26-acre site.
BETHESDA, MD-First Washington owned and operated more than 60 neighborhood shopping centers across the Midwest and Mid-Atlantic. Holders of First Washington's common stock received $26.12 a share in the transaction.