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HOUSTON-A strategy to find a high-tech tenant for Houston Community College has paid off for the leasing team. The 531,000-sf structure has just what Pros Revenue Management had been seeking and then some, says the president.
PIEDMONT, CA-A locally based developer has suggested to the city council that the former PG&E substation site on Linda Avenue be converted into a variety of low-cost housing units.
LOS ANGELES-The thriving Port of Los Angeles has awarded a $78-million expansion contract to an Orange County developer, while officials at LA International Airport say record levels of both passengers and cargo passed through their facility's gates in 2000.<p>
CHICAGO-Aramark Uniform and Career Apparel has announced plans to build a 125,000-sf facility on 12 acres at 43rd and Halsted streets. The company will vacate 100,000 sf of functionally obsolete space at 2334 S. Michigan Ave.
COLORADO SPRINGS, CO-The multifamily market is tighter in Colorado Springs than in Denver. Nonetheless, a slight rent decrease has been experienced, but it's only temporary relief for tenants, says a local analyst.
BLOOMINGTON, MN-Tim Ducharme will develop new business with landlords and tenants from United's downtown Minneapolis office. He was a senior associate directing Northco Real Estate Services' office brokerage group.
IRVINE, CA-Irvine-based real estate giant Fidelity National Financial Inc. has inked a deal with e-commerce company VISTAinfo to combine both companies' assets into a jointly owned real estate services firm.
ATLANTIC CITY-A few years ago Delmarva Power took over Atlantic Electric, creating Conectiv out of the combined companies. Now, Potomac Electric is acquiring Conectiv. The new name of the merged companies has not been disclosed.