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HOUSTON-The state's largest bank, based in Houston, will merge within days with Seattle-based Washington Mutual. Houston's Bank United shareholders have given a green light to the deal.
KANSAS CITY, KS-The first tenants, Nebraska Furniture Mart, Cabela's Inc. and Warren Theatres, have been announced by the master developer, the Zimmer Cos. Nebraska Furniture Mart will anchor the retail development.
HOUSTON-Mann Berkeley Eye Center will relocate its headquarters in an expansion move that makes it the lead tenant in a 78,286-sf office building. The ophthalmology practice has signed for 26,281 sf at 3100 Weslayan.
AUSTIN-The Dunaway Group is gearing up to break ground on its first multifamily project in the state capital. The 76-unit undertaking is situated downtown, overlooking Town Lake.
MINNEAPOLIS-The chain's third unit will open this fall. The restaurant will be located on the southwest corner of West Acres Mall near the corner of 42nd Street and
CHICAGO-All indications point to increased vacancies and relatively flat rental rates overall here, though the dropoff is expected to be more severe in suburban submarkets as Downtown becomes more desirable as a place to live.
WHITE PLAINS-New Rochelle Mayor Timothy Idoni says opposition from neighboring communities and the prospect of several years in delays caused IKEA's decision to walk away from building a 300,000 sf store in the city.
VANCOUVER, WA-Mayors from nine area cities met here to develop strategies for providing affordable housing. The region is now ranked 25th least affordable among 192 US cities, according to a report by National Home Builders Association.
AUSTIN-TestChip Technologies is expanding its north Austin operation, taking more space amid plans to beef up its 35-employee staff. The corporation, headquartered at 2600 Technology Dr. in Plano, had opened the Austin office a little over a year ago.