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WINSTON-SALEM, NC-Negotiations are under way that would make Wake Forest University the owner of One Technology Place, the centerpiece building at Piedmont Triad University Park, according to a published article.
ORLANDO-The last audited period in November shows total occupancy of 67.8%, an increase from 67% in the comparable 1999 period. Average daily room rates are at $85.49, up 3.8% from $82.38 in November 1999, according to Tennessee-based Smith Travel Research.
SEATTLE, WA-The result of a citizen lawsuit over King County's lack of a formal procedure for interpreting codes is a new process that could clutter the Department of Development and Environmental Services.
WELLINGTON, FL-Although Panama City, FL-based M.G. Ltd. is selling the dirt at a Feb. 15 public auction, GlobeSt.com and the Palm Beach County Appraiser's Office couldn't find a recorded deed on the transaction. The land sits in the heart of the county's affluent polo country.
FT. WORTH-An AllianceTexas study puts nine years of power brokering into perspective for Ft. Worth, beneficiary of $15.4 billion from Hillwood's wheeling and dealing. The report's release coincides with city council's OK on an incentive package for Dell Computer, possibly the region's next adrenaline shot.
CHICAGO-The REIT plans to keep its portfolio, already 6.25 years old on average, young in 2001 with targeted dispositions of older properties. Exceptions to that strategy may be found in this market, however.
SAN DIEGO-The Naval Training Center earns a state designation for closed military bases that paves the way for companies to secure sales, tax and hiring credits.
SEATTLE, WA-The extent of the company's cutbacks is currently undefined. Local experts, however, suspect it won't even be enough to make the 30-million sf CBD quiver. The super-low vacancy rates weren't 'normal,' anyway.
KANSAS CITY, KS-A new 150-room Hilton hotel will have an indoor pool, restaurant and 500-space parking garage. The $17-million project is being developed by the city and a private partnership.