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TAVARES, FL--The company is temporarily withdrawing a zoning request to Lake County commissioners on 360 rural acres, 38 miles northwest of Downtown Orlando. Duke plans to submit a new proposal that will win over groups opposing the plant.
NEWARK-The old governor giveth and the new governor taketh away. The $215-million package approved by Christie Whitman on her last day in office is withdrawn by her successor.
NEW YORK-Fred C. Posniak, in an exclusive interview, reports a consensus was finally reached for the Lincoln Building and that it is now offering more than 10,000 sf of contiguous space in a particularly tight neighborhood.
AUSTIN-Austin Ventures has jumped from the southwest's premier venture capital firm to one of the nation's largest. The title boost comes with the closing of a $1.5 billion fund, of which two-thirds will benefit Texas businesses.
BEAVERTON, OR-Just in case someone needs an automated pallet-racking warehouse, it's ready and waiting at Millikan Business Center, a 280,000-sf, two-story industrial-flex project originally built for Tektronix and converted for multi-tenant use by Westport, CT-based Felton Management.
HOUSTON-Aspen Technology has found a taker for 17,187 sf at Ashford V in the city's west corridor. MEI Consultants is subleasing the spot through a deal handled by a Trammell Crow team.
HOUSTON-Unless oil and energy prices dip, Houston will be able to ride out any national recession much as it did to escape fallout from the 1997-98 Asian financial crisis, says a Federal Reserve executive in Houston. In turn, commercial real estate is healthy and should stay that way.
SOUTHFIELD, MI-The sale of a strip shopping strip center in White Lake Township, 40 miles northwest of Detroit, is a way for the REIT to eliminate asset drain and provide
DENVER-The New York Mets' parent company and a New Jersey partner have made their first score in Denver, buying the 464-unit Brittany Downs for $28.5 million. More acquisitions are sure to follow, says a company executive.
ORLANDO-The family-owned movie operation is taking 35,700 sf at the 100,000-sf suburban Lake Mary Centre for five years at an estimated aggregate rent of $3.21 million.