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SAN FRANCISCO-The $60-million development planned for Fulsom Street at Third Avenue is being co-developed by the Los Angeles-based Atlantic and Pacific Cos., and Sapphire Properties out of Dallas. Groundbreaking is slated for January 2001.
HOUSTON-Property Commerce's retail foothold gets stronger, unveiling plans for a 316,000-sf center in Clear Lake Shores community. The developer has more than 3.5-million sf of retail just completed or under construction in south Texas.
BELLEVUE, WA-Owners of the shopping mall are hoping to generate more revenue by turning the mall's existing parking lot into a mixed-use plaza with 850 apartments, a mid-rise office building and 100,000-sf of retail.
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.
AUSTIN-Buy one, sell one is the strategy being applied by Texas Electric Cooperative Inc., which is planning to relocate its corporate headquarters after spending 40 years at the same location in northwest Austin.
GASTONIA, NC-Traditional neighborhood developments, representing a growing trend among developers, are taking shape here along Hudson Boulevard. The neighborhoods are 20 minutes from Charlotte's SouthPark area.
SAN CARLOS, CA-The provider of network computing solutions signs a 39,500-sf, 10-year lease at Spieker Properties Skyway Landing development. Sun will occupy the space, formerly leased to InsWeb, this December.