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ARLINGTON, VA-The National Rural Electric Cooperative Association plans to break ground soon on an 11-story office building in Arlington. Work on the 235,000-sf project, dubbed the Ellipse, is scheduled for the end of the first quarter in 2001.
HOUSTON-Weingarten Realty Investors of Houston has named a new vice president of property management. Lois Robinson will assume responsibility for the operation of the REIT's entire portfolio, which encompasses 14 states.
ORLANDO-The highlight of the three-day event, beginning today at the 750-room Hyatt Regency Grand Cypress Resort here, will be entrepreneur H. Wayne Huizenga's presentation of the Developer of the Year award to Terry W. Stiles, chairman of Fort Lauderdale, FL-based Stiles Corp. The conference is attracting about 1,000 NAIOP members.
BOSTON-The filing of an environmental impact report begins public review of the mixed-use development, a project that would feature 2.1 million sf of commercial space interwined with the city's venerable South Station.
CAMBRIDGE, MA-Exemplifying the strength of the city's office market, the pair of Class A buildings will fetch more than $200 million, according to industry sources.
CHARLOTTE-The Texas-based developer, currently working on Carnegie Town Center in the SouthPark area, has agreed to reduce the amount of office space in hopes of winning city council approval.
CAMBRIDGE, MA-Exemplifying the strength of the city's office market, the pair of class A buildings will fetch more than $200 million, according to industry sources.
HOUSTON-Wedge Commercial Properties Corp. picks up a good fit--a 1,100-space parking garage--for its 500,000-sf office tower and its proposed site for a second high-rise office structure.
DENVER-A former Hines Interest LP property manager will be spending the next two years in a federal prison for bilking his employer out of more than $100,000.