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DENVER-Invesco is dangling a $120-million carrot for the right to affix its name to the new Mile High Stadium. Denver's mayor says full disclosure about the name's future, its existing label and debt pay-down must come before final papers are signed.
EUGENE, OR-Buyer Arlie & Co. is looking to do some interior demolition work and lease out the property temporarily as office space or storage while it studies the myriad options for the 11-acre site, which is zoned for general commercial uses an includes five acres of undeveloped land.
PHOENIX-A consultant to Scottsdale has suggested scaling back the size of a mixed-use project that will be anchored by an ice hockey arena for the Phoenix Coyotes, if the city wants to increase return on its investment of $100 million in public funds.
AUSTIN-It's a landlord's world in the state capital, where monthly rent has jumped above $800 for the first time. New completions are failing to curb rent, with demand lagging by a mere 150 units. This year could bring relief due to the number of projects now under way.
KANSAS CITY-The stationery company's 500,000-sf facility at 5414 E. Front St. is available for sublease through Colliers Turley Martin Tucker. It now belongs to Pen-Tab, which bought the company in 1998.
BLOOMINGTON, MN-John Erickson leaves his post as commercial real estate manager with Twin Cities office of CB Richard Ellis to oversee planning and operations for 1.5 million sf of industrial and retail space in 16 buildings.
WASHINGTON, DC-New York-based FiberNet Telecom Group Inc. and locally-based Cogent Communications Inc. are entering into a $5-million agreement that will give Cogent access to FiberNet's nationwide commercial properties portfolio.
DANVILLE, CA-Town Council members here are paving the way for the 75-unit seniors' apartment complex to be developed by the nonprofit branch of Bridge Property Management and this town's community development agency.