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DENVER-It's a modern-day gold rush as multifamily developers make their strongest push in 25 years in the Denver region. The surge will continue into 2001 with no signs of overbuilding, predicts a multifamily specialist with Cushman & Wakefield of Colorado.
ATLANTA-Cardinal Distribution has broken ground on a 120,000-sf structure in McDonough, GA, 30 miles south of Downtown. The regional facility will be the 26th center for the $30-billion pharmaceutical supply firm based in Dublin, OH.
NEWTON, MA-UNICCO Service Co., has launched a new Web site targeted to senior corporate managers and facilities professionals. It caters to the commercial, industrial, retail, education, government, health care and entertainment markets.
SEATTLE, WA-Anticipated projects will add approximately 1.5 million sf of office space into Pioneer Square over the next few years. One upcoming renovation is the Washington Shoe Building built in 1890 at First Ave. South and Jackson St.
PARSIPPANY, NJ-Delaware-based Amato & Associates, a commercial real estate brokerage operation, is the latest regional broker to link up with local commercial real estate brokerage franchiser Coldwell Banker.
WHITE PLAINS-The Westchester County Industrial Development Agency has approved $518,636 in tax exemptions to assist two firms that are seeking to relocate to the Kraft/General Foods building here.
BLOOOMINGTON, MN-Crystal watches and pricey perfumes are replacing key chains and T-shirts. The upscale stores rack up more sales than the novelty shops and, in most cases, the mall's owners benefit by sharing a percentage of sales over a base lease rate
SANGER, TX-Retailer Sam Walton's crew recognizes a good buy when they see it. Rumor has it the 200-plus acres had been bought for $8,000 per acre, triggering a drastic change in the rural town's demographics.
LOS ANGELES-In novel program, LA and the Enterprise Foundation will buy HUD-owned properties at a deep discount. The houses and small apartments will be renovated and sold to moderate-income buyers and housing groups.