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MIAMI-The real estate services firm has purchased U.S. Commercial Realty Group of Miami for an undisclosed price. The deal gives CB eight new brokers and sets the stage for opening a West Dade branch to service the Medley, Miami Lakes and Airport West submarkets.
NEW YORK CITY-Yesterday's New York Senate debate between First Lady Hillary Rodham Clinton and Representative Rick Lazio focused on a number of topics, including their individual views on a proposed domed stadium/arena in Manhattan.
SAN FRANCISCO-Overall vacancy rates are at an all-time low 2.16% after falling for the sixth consecutive quarter, according to a recent report by Whitney Cressman Limited. The rate in the Financial District is under 1.5% after falling nearly 60% in the first nine months of the year.
DALLAS-"Chicken Little" it's not, but a watchful eye needs to be kept on construction sectors as the Fed deliberately reins in the economy to avert inflation. But, it's definitely not the 1980s, says Cushman & Wakefield Inc.'s investment research managing director.
KANSAS CITY, KS-Dallas-based Ashton Group wants to demolish the store and build telecom hotel space and a parking lot. Dillard's is the seller of the property.
BEAVER CREEK, CO-Vail Resorts Inc. is providing the land, $3.3 million in cash equity and up to a $4.5-million loan for a 49% interest in the joint venture that owns the $162-million Ritz-Carlton under construction on Beaver Creek Mountain.
HOUSTON-Elan Development grabs 34.4 acres in Clayton Oaks in a move to add 175 single-family homes to a failed business park that's blossoming as a residential development. The acreage is one of just a few parcels still available.
AUSTIN-Net Quotient Consulting Group of Austin is snatching up 13,249 sf of prime office space that had been on the market less than three weeks at the Prominent Point Building, 8310 Capital of Texas Highway.