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ATLANTA-Noble Investment Group is developing the 122-room project at an estimated hard construction cost of $18 million. This is Noble's 13th hotel project in the metro area and its fourth in Gwinnett County.
AUSTIN-National Instruments, based in the state capital, is joining a growing list of companies, which are opening offices overseas. The Austin-based firm is opening a research and development center in Bangalore, India.
HOUSTON-OnSite Access is gaining access rights to the 518,000-sf Wedgewood International Tower in the city's downtown. The company plans to offer a full suite of communications services to the tower's 50 tenants.
ORANGE COUNTY, CA-Former SVP at Kaufmann and Broad Home Corp. takes helm at the Meyers Group. As president, he'll focus on online marketing strategies. p>
PALO ALTO, CA-A third-quarter report from Marcus & Millichap Investment Brokerage Co. says Santa Clara County apartment owners with multifamily properties are continuing to enjoy low vacancies and a strong market.
SAN JOSE, CA-A Compaq company source tells GlobeSt.com that the firm will pay $47 million over the next 15 years as part of the marketing partnership. In addition, Compaq will pump $70 million into the city's general fund, and $22 million into the 8-year-old arena's reserve fund.
HOUSTON-The Houston office market has a 12.36% vacancy rate at the end of the third quarter in comparison to 11.93% at the end of the third quarter of 1999, according to the CB Richard Ellis firm. Net absorption totals 733,000 sf.
ORLANDO-Glatting Jackson Inc. is asking an Orange Circuit Court judge to void a local government's decision barring the developer from building 180,000 sf of commercial space; 990 houses, apartments and condominiums; a shopping center; and 55 acres of park on an 1,100-acre cow pasture 28 miles northwest of Downtown.