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HOUSTON-Administaff signs for 51,000 sf to relocate its service center. The new space will make room for an on-site day-care center for employees' children.
ORANGE COUNTY, CA-The 236,000-sf office tower in Costa Mesa is offered at about $60 million, but some prospects are staying away because tenants in the turbulent dot-com industry occupy so much of its space.
HOUSTON-Simmons Vedder & Co. jumps into Houston's development frenzy to meet growing multifamily housing demands. The firm has signed papers to buy the old Gulf Publishing Co. from WorldOil.com.
SAN JOSE, CA-The $1 billion project planned for the city's North Coyote Valley Campus Industrial Area goes before the City Council on Oct. 24. City officials, including mayor Ron Gonzales, have been highly in favor of the project.
AVENTURA, FL-Windows at Harbour Centre, a 248,000-sf, 11-story office-retail venture going into the ground this month, should withstand gusts of up to 180 mph, say the project's architects.
SCOTTSDALE, AZ-One of the biggest white elephants in the Valley, a 600,000-sf former mall in the heart of Downtown Scottsdale, is being resurrected as a teleco hotel and office project.<p>
STAMFORD, CT-Most commercial real estate brokers believe two things about the current real estate market in the New York suburbs: 1)the market is very tight with little available space; 2) some dot.coms will fail or significantly downsize in the next few months.
AUSTIN-XeTel Corp. is expanding high-tech equipment capabilities in Austin and Dallas, where plans are afoot to move to a larger manufacturing site. The expansions are needed to meet demands from the state's booming high-tech industry.
HOLLYWOOD, FL-A week ago, Broward County took back five of the 97 acres at Port Everglades here that it had originally leased to developer Michael Swerdlow on grounds that he had failed to build on the land in a timely fashion. The two sides have since been negotiating for a county buyout of Swerdlow's contract.