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AURORA, CO-The national headquarters of the National Cattlemen's Association will be part of the Eagle Bend Campus, which promises to deliver 500,000 sf. The association plans to consolidate Colorado and Chicago offices with the pact.
PHOENIX-The industrial market remains as robust as ever, with net absorption on track to total as much as 11 million sf and the vacancy rate expected to remain steady through the rest of the year.
MINNEAPOLIS - The pro football team and the university team both want out of the Metrodome, and both cite the need for increased revenues, so they're joining forces to look into building something new.
CONCORD, NC-Virginia-based Mills Corp. believes name retailers will create a shopping destination for its 35-acre, 300,000-sf venture across Interstate 85 from Concord Mills, 20 miles northeast of Charlotte.
SAN FRANCISCO-Gap Inc. agrees to lease a new 283,000-sf building here, validating Catellus Development Corp.'s plan to transform the 303-acre former rail yard into a $4 billion cluster of offices, apartment buildings and retail shops.
DALLAS-HCA has unloaded 116 medical office buildings in 16 states, of which 32 are situated in Texas. HCA takes home $250 million and minority interest in the buyer while freeing up hospital CEOs to focus on medical centers.
CHARLOTTE-Sixteen shelter projects are under construction. A dozen new restaurants and night spots have opened since last summer. Although city officials hope for a retail resurgence Downtown, the central business district's 500,000 sf won't catch the suburbs were the SouthPark project alone boasts two million sf of retail.