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BOSTON-Carpenter & Co. is reportedly considering buying the New England Life building here in the Back Bay. While MetLife insists it is not for sale, 300 employees were moved out of the building.
GOLDEN, CO-The real estate cyber world is forming a clique for cross-marketing clicks. AmeriQuotes.com is developing partnerships with OfficeFinder.com, 1031properties.com and RainMaker Financial Affiliates.
NEW YORK CITY-A spokesperson for TrizecHahn tells GlobeSt.com despite the diversification trend, it will pull out of Europe completely over time and refocus on its office properties. Six properties in the US, UK and Canada have just been sold.
MIAMI-A new survey shows a total 9.7 million sf was absorbed in the Miami-Dade, Broward and Palm Beach county market and a healthy average vacancy level of 5.73%. But some fear the market may slow down shortly due to sagging manufacturing retail and wholesale sales.
PHOENIX-A Phoenix-based gaming operator has placed a $175-million bet that gambling's popularity will increase in Atlantic City. Aztar Corp. plans to expand the Tropicana Casino and Resort there.
TAVARES, FL--The company is temporarily withdrawing a zoning request to Lake County commissioners on 360 rural acres, 38 miles northwest of Downtown Orlando. Duke plans to submit a new proposal that will win over groups opposing the plant.
NEWARK-The old governor giveth and the new governor taketh away. The $215-million package approved by Christie Whitman on her last day in office is withdrawn by her successor.
NEW YORK-Fred C. Posniak, in an exclusive interview, reports a consensus was finally reached for the Lincoln Building and that it is now offering more than 10,000 sf of contiguous space in a particularly tight neighborhood.
AUSTIN-Austin Ventures has jumped from the southwest's premier venture capital firm to one of the nation's largest. The title boost comes with the closing of a $1.5 billion fund, of which two-thirds will benefit Texas businesses.