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ASTORIA, OR-The city's Planning Commission is postponing its decision on the $4-million retail and residential project until its Nov. 28 meeting. One neighborhood group has vowed to make full use of the appeal process if necessary.
ATLANTA-Two of the metro area's subcities rate high on the investment scale, but overall, Atlanta appears in 12th place in the metro rankings as premier investment locations.
CHARLOTTE-Neighboring Concepts pays $301,500 or $120,600 per acre ($2.77 per sf) for a 2.5-acre parcel along industrial-themed West Morehead Street where the design firm plans to develop a three-building, 120,000-sf mixed-use venture of office and condominiums.
TACOMA, WA-The $7-million project will turn the historic eight-story structure into class A office building combining old-world charm with new-world technology for between $13 per sf and $18 per sf triple net plus operating expenses.
OLYMPIA, WA-The county, which is in the process of developing an RFP on the project, plans to begin construction on the building early 2001 and hopes to have it completed by fall 2001.
LANSING, MI- Michael Eyde's proposal would be the largest mall development in Southeast Michigan. AIG Baker of Birmingham, AL would build the mall on the 191 acre site, which is still zoned residential.
NEW YORK CITY-This technology allows computers to be used in apartments without being connected to a phone line or cable wire. Web cams allow tenants to see what is going on in public areas of their building.
OAKLAND, CA-BT Commercial Real Estate's just-released third quarter report for East Bay industrial properties put third quarter rent increases at a strong 5%. Hot spots include Berkeley, Emeryville and Fremont.