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SAN JOSE, CA-Legacy Partners says it will use the parcel for a 1.8-million-sf business park. Construction is slated to begin next summer, and the office park should be ready for occupancy by June 2002.
AUSTIN-AV Labs follows the lead of its overseer, Austin Ventures, and the Austin Chamber of Commerce. The accelerator venture fund has teamed with hire.com to find top talent around the country for its portfolio companies.
DENVER-Developer Ray Suppa has turned to the region's rich Native American history to launch his latest endeavor, the $65-million Waterside Lofts. A ceremonial ground blessing signals the construction's start.
ANDOVER, MA-As CMGI's stock continues to slide, the Internet company decides not to buy the 1.1 million sf building, where it is currently a tenant. The building had been on the market before without finding a suitable buyer.
CHARLOTTE-The locally-based e-marketplace for commercial real estate operations says the new feature will make life easier for property owners and their service contractors to vie for online-posted jobs while away from their offices.
NEW YORK CITY-Cushman & Wakefield, based here, is working to fortify its Northeast Corridor presence with significant undertakings in one of its regional offices. A new executive has been appointed to lead the charge.
DALLAS-American Investment Mortgage is barred for five years as a FHA lender. HUD's review board alleges the Dallas firm has maintained an improper branch network plus allowed a satellite office to submit loans before it had been approved as an originator.