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ISSAQUAH, WA-Anchored by Fred Meyer and Home Depot, the 48-acre retail development should begin opening in stages in March. The 440,000-sf development is expected to cost close to $75 million.
LOS ANGELES-The unsolicited $740-million bid for CB Richard Ellis has overshadowed takeover efforts for another locally based, publicly held firm--tiny G&L Realty Corp.
DANA POINT, CA-Scheduled to open in mid-2001, the St. Regis Monarch Beach resort hotel is the first such project for Capital Pacific Holdings, Inc. of Newport Beach, known primarily as a homebuilder.
ALAMEDA, CA-"It's where most of our city's growth will take place in the future," says Alameda Mayor Ralph Appezato. "Situated on the bay, with outstanding view of San Francisco, it's some of the finest real estate in the Bay Area.
CHARLOTTE-The 40,000-sf Tompkins Machine Shop building, getting a $6 million new face in the city's south end, will house the Richmond, VA-based law firm McGuire Woods in 8,000 sf and Frontier Capital in 3,500 sf. Both are estimated three year-to-five-year leases.
PORTLAND-A tie vote by the Oregon Liquor Control Commission this week means a decision on a new Chinatown restaurant and bar is being delayed until next year. The commission's investigator had recommended approval.
DALLAS-Jack Fraker, a leading industrial and high-tech broker nationally, has been accorded an executive vice presidency and director seat by Cushman & Wakefield. He is one of 10 who will be sitting on the national board.
NEW YORK CITY-Before joining the firm, Whiting set up an import/export business in Hong Kong and subsequently earned an MBA from Columbia University. The REIT has a portfolio with about 7.9 million sf of space.
DENVER-It's all in the eye of the beholder, or in this case, the statistics. Cushman & Wakefield's latest report puts the southeast market ahead of the CBD. Not so, says an official of the Downtown Denver Partnership.