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WHITE PLAINS-Brokers and developers who spoke at BOMA's recently held "State of the Market" meeting agreed that the most likely site for new construction in the northern New York suburbs is downtown Stamford.
ENGLEWOOD, NJ-The decision could come down by the end of the month. There is plenty of support for the ratables, but some are still concerned about traffic load in this congested region.
HOBOKEN, NJ-The 550,000-sf second building in the Waterfront Corporate Center will move ahead as planned after lease-up of the same-sized first building tops the 80% mark, including publisher John Wiley's 400,000-sf lease.
HOUSTON-Crescent Real Estate Equities, a major downtown landholder, has added a full city block to its holdings. Development plans for the recent parking lot buy are on the drawing boards.
MINNEAPOLIS-A lease renewal and an expansion cover more than 74,500 sf , or about 13% of the 40-story office building. The deals involve a 10-year renewal by Marquette Bancshares and 53-month lease expansion by Dain Rauscher Inc.
AUSTIN-In the past month, more than 700,000 sf of office space has come back to the market from the state capital's failing or downsizing dot.coms. Other tenants are quickly grabbing the spots through sublets, but the impact can't be dismissed.
SAN JOSE-The City Council decides tonight whether a citywide vote on the 20,000-worker development should occur. Opponents who gathered enough signatures for such a vote want a "yes" vote. The city's attorney says the petition is technically invalid and should be ignored.
FT. WORTH-For the third time in its history, a 40-story CBD high-rise has been divorced from one name and wedded to another. The UPR Plaza, formerly known as Continental Plaza, will henceforth be known as Carter Burgess Plaza, a right resulting from a recently signed lease.
CHARLOTTE-The utility is being criticized for an updated version of its 1994 shoreline management plan. Critics charge that the program comes up short environmentally.
IRVINE, CA-National market research firm, known for its residential database, is test-driving a multifamily product in Florida before rolling it out nationwide.