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OAKLAND, CA-City officials learned this week they need to approve a new vision for the former Oakland Army Base before the land swap of the 422-acre base between the port and city can be finalized.
BOSTON-eLink Communications makes its first foray into the area by inking a deal with Cummings Properties to wire 40 buildings in the area. A total of five million sf will see new broadband installed.
MIAMI-A buyer's market and ongoing rent incentives to attract and retain tenants from 1984 through 1999 pulled down cash flows and slowed projected profits, the partners in KFP 85 Ltd. disclosed in a Securities and Exchange Commission report obtained by GlobeSt.com. The Pappas family and Fred Stanton Smith, KFP principals, are big names in South Florida real estate circles.
NEW YORK CITY-In December 2000 industry reports pointed to the Swedish retailer inking a deal for the Union Square site on 14th Street, but an insider says H&M has instead signed for 59th Street and Lexington Avenue.
HOUSTON-W.M. Dillard is known for industrial projects, but this time the design-build team is flexing its muscle over a 178,834-sf project for CSR Hydro Conduit. Dillard says the undertaking shows its mastery of the complex.
NEW YORK CITY-Wall Street Realty Capital raises real estate investment funds from financial institutions while Equityhound provides high net worth individuals with access to private real estate markets, enabling them to invest through personal company Web pages.
MIAMI-Boca Raton-based Miami One Centre Development Co. wins OK on building permit changes for a 29-story office tower, a 38-story apartment complex and a five-story, 1,485-space parking garage on the last developable land parcel Downtown.
NEW WINDSOR, NY-Pace University reports that it will be the lead educational institution at the planned New York International Plaza complex to be developed at Stewart International Airport.
BLOOMINGTON, MN-United Properties says real estate investment market is in flux in the Twin Cities following a year that saw Heritage REIT acquire Boston-based Bradley REIT.