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HOUSTON-A 247,000-sf office structure hits the market with a $42-million asking price. The building, situated in the city's Energy Corridor, is fully leased by a Massachusetts software company.
HOUSTON-The city's Fourth Ward, chartered in the 1840s, is experiencing brisk office and multifamily growth as developers start buying up land for new projects. The demand is such for close-in projects that occupancy rates are hitting 95%.
SEATTLE-The distinctly Asian District comprised mainly of mom-and-pop businesses and low-income housing on the southeast corner of Downtown is experiencing change, raising concerns right along with the property taxes.
SAN DIEGO-The Morgan Group Inc. and SAS Development LLC form a joint venture for the first mixed-use, luxury apartment rental project in the Downtown corridor. The 149-unit high-rise and 10,822 sf of retail replaces a former Greyhound maintenance yard and two parking lots.
DALLAS-Three veterans of the Dallas-area real estate industry have opened doors on a new operation, Onyx Property Co. The new leasing and property management operation starts with a portfolio of more than three million sf of industrial, retail and office space.
BELLEVUE, WA-A booming demand for eastside office space is prompting companies and developers alike to snatch up land in the Snoqualmie Ridge Business Park, an 89-acre development owned by Quadrant Corp.
MILPITAS, CA-City Council officials are spending $3.89 million for interior finishes to its new City Hall, which will be completed toward the end of 2001.