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REDWOOD CITY, CA-Los Angeles-based TenantDirect will integrate locally-based Corrigo's wireless service software into its existing lease, maintenance administration and accounting products to provide clients with comprehensive online services for their residents and tenants.
SEATTLE, WA-A bright spot is Downtown Bellevue, site of four new office buildings in 2000, with 12 others in the works totaling some two million sf. The Downtown vacancy rate there is between 2.1% and 2.6%.
NEWPORT BEACH, CA-The equity health-care REIT has sold assets totaling $81 million during 2000, including these properties that were sold in two transactions. The company plans to reinvest the proceeds from those sales.
ORLANDO-CLT Meetings International of suburban Maitland, FL is moving its 60-person staff into a refurbished 40,000-sf warehouse formerly occupied by Barnie's Coffee & Tea Co. on Primrose Drive in east Orlando.
DENVER-SafeRent, founded in October 1998, had closed the year 2000 by raising $12 million in two funding rounds. Part of the capital is earmarked for a second versioning of its applicant screening software.
CHARLOTTE-The area's development pipeline shows no signs of slowing down despite national signs of a wavering economy. At least four major commercial projects are either under way or coming out of the ground shortly.
VANCOUVER, WA-The one-year extension of the surcharge should allow the county to implement several audit recommendations, including a project-by-project cost-accounting system that should help determine why the county was losing $100,000 a month on review of development applications.
YONKERS-The city's IDA has closed on the $15-million acquisition of the former Lockheed Martin complex and has signed a lease there that will keep a major aerospace contracting firm in the city.