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DALLAS-A two-time president and board chairman will again steer Cresa Partners' 2001 board of directors. Bill Goade, a principal of the Boston office, has been elected to the top spot. Chris Marchbanks, a principal in Cresa's Austin office, is on the board for the first time.
NEW YORK CITY-The Web-based technology is designed to facilitate communication among a broad range of project participants including owners, tenants, developers, contractors as well as architects, engineers and materials suppliers.
SAN FRANCISCO-A Southern California development firm has applied to build a $150-million hotel and condo tower in SoMa. The project, which would take 25 months to complete, will total 600,000 sf of space and be located at Fifth and Howard streets.
MENLO PARK, CA-The company didn't announce its 27.2% jump in per-share FFO until after the markets closed Monday, but its stock still rose by an anticipatory $1.12 to $52.43, less than $7 off its 52-week high in September.
MINNEAPOLIS-Foreign buyers, increased spending on highways and difficulty in opening new mines are among factors that drove a 6% increase in construction last year, a trend US Bancorp Piper Jaffray says is likely to continue.
DETROIT-A slowdown in the automotive market halts a $100-million Daimler-Chrysler office complex. The company has plans for a 420,000-sf building for its financial services department on hold.
ROUND ROCK, TX-A new furniture retailer has signed for 18,000 sf in the 175,000-sf The Renaissance Square in bustling Round Rock. Principals with a decade of experience in sales and manufacturing in North Carolina's furniture industry are behind the startup.
AUSTIN-MuniMae has ticketed $268 million to finance five multifamily housing projects, four of which are in Texas. Austin's Ft. Branch Landing and San Antonio's Timber Ridge projects make the list.