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NEW YORK CITY-Layoff of 14 people from NY office sets stage for hiring new techies to ramp up Bluewire, CEO Shively tells GlobeSt.com. She says the operation's funded through her break-even point.
MANSFIELD, NJ-The Warren County property that totals more than 200,000 sf, has anchor tenant complement that includes Wal-Mart, A&P and Sears Hardware. Cronheim has arranged the package.
ARLINGTON, TX-Miramar Development has a proven track record north of Dallas; now, the Dallas-based developer is headed to Arlington. Miramar has just closed on about 22 acres, eyeing a February groundbreaking for the first two spec buildings.
BEND, OR-A special committee of the board had solicited the offer. "I don't think anyone knew what to expect, but I don't think anyone expected they would reject it outright," says the business editor of the Bend Bulletin, who interviewed the largest shareholder late last week.
NEWPORT BEACH, CA-Marcus & Millichap's Retail Research Report released at the end of 2000 reflects a healthy market this year, although recent developments in the economy may change a few variables.
KANSAS CITY-The pace of speculative building construction may slow a little this year after peaking in 2000. Still, there is some spec building going on throughout the area, particularly Johnson County and the Northland.
ROSEVILLE, CA-The Hewlett-Packard spinoff signs a seven-year lease in Roseville's Creekside Ridge office park, a 250,000-sf project that is part of a 1.3-million-sf development that include office space, retail shops and two hotels.
CEDAR KNOLLS, NJ-New owner will refurbish and reposition the former B.F. Goodrich Building for multi-tenants, while a Goodrich division will continue to occupy space. The sale price was not available from the brokers.
CHICAGO-The REIT based here has agreed to sell its portfolio of primarily office and industrial properties to privately held Denholtz Associates. The 3.6 million-sf portfolio's most recent vacancy rate was 16%.
PHOENIX-After listening to weekend presentations, East Valley proponents believe that a site in Tempe is the odds-on favorite to be selected as the site for a new $335-million stadium for the Arizona Cardinals.