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RICHFIELD, MN-Opus Northwest hopes to begin construction this spring on a complex near the intersection of Interstate 494 and Penn Avenue South. The city has begun condemnation proceedings against one holdout property owner.
AUSTIN-Thirty-seven Blockbuster stores in Austin are part of an initial 130-location premiere to put RadioShack kiosks into the video retailer's outlets. Coming soon: Blockbuster services in RadioShack stores. The alliance isn't expected to drive store closings.
NEW YORK CITY-Two brokers share their personal experiences and observations with regard to the relation between women and minorities and the real estate industry. Both look at whether the mostly white male environment is by chance or by design.
ATLANTA-Grubb & Ellis Co. reports the area's 368 million-sf inventory improved its vacancy rate to 8.6% from 9%, but expects vacancies will jump by 1% in the first half of this year due to a mix of economic and market factors.
RUTHERFORD, NJ-Four separate transactions, signed in a three-week period, include a network hosting service and a software development and training companies. The transactions range over the northern and central part of the state.
NEW YORK CITY-This is the company's second Manhattan acquisition in a year in the Grand Central District. The company plans to establish an even greater presence here.
WALTHAM, MA-StorageNetworks, the data storage company, moves its headquarters here to 225 Wyman St., a few miles away from its old location. The company needs space to accommodate its growth.
CARROLLTON, TX-A 160,451-sf pact has been sealed with $600,000 in improvements to an office-warehouse to accommodate the world headquarters for Prime Source Building Products. The Carrollton-based company will relocate its operation in March.
SAN FRANCISCO-Discussions of a possible merger between the two Bay Area real estate firms that began in late 1999 and ended earlier this month after the companies' executives failed to come to terms.
PORTLAND-Occupancy dropped last year as the market continued to soak up five new hotels in the past four years. So far this year, hoteliers in select areas are sounding a little happier. Then again, more hotel rooms are on the way.