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WASHINGTON, DC-Public comment between September and November 1999 lead to the Jan. 12, 2001 HUD withdrawal on of a proposed rule on sources of homeowner down payment.
CHARLOTTE-The number of hotel rooms in the Queen City is at a record 26,500 or 10% above the 1999 count, and growing larger. More than 4,500 new rooms are in the construction and permitting phase and another 1,200 rooms are on the drawing boards.
AURORA,IL-The opening of a 116,000-sf Home Depot store here Thursday is the first building to open in the Orchard Road Corridor. Also coming is the city's second Meijer food store, a Hampton Inn & Suites and Marriott Courtyard.
ORLANDO-Net absorption will probably come in at 1.8 million sf in 2001 and 1.5 million sf in 2002, down from a record 1.98 million sf last year. New-space completions this year will reach 2.3 million sf and 1.9 million sf in 2002, versus 2.7 million sf in 2000.
AUSTIN-A flurry of leasing activity in the state capital has resulted in 12 leases being inked for office space in several submarkets. The largest leases put Arc of Texas into 7,000 sf and Cox Texas Publications into 6,000 sf.
HOUSTON-A 52,615-sf office building in the southwest submarket gets a new owner as Dallas-based Prentiss Properties continues disposing of its non-core assets. The latest sale nets $10 million from the $56.4-million transaction.
SAN ANTONIO-Weingarten Realty Investors has bought its first industrial holdings in San Antonio, adding 368,000 sf to the portfolio. The buys are part of five year-end deals in Texas and Las Vegas.
MINNEAPOLIS-The parent Target Corp. is dropping the names of Dayton's and Hudson's on its department stores, including 21 Hudson's stores in Michigan, in favor of the Marshall Field's name.