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SAN DIEGO-The inancially ailing REIT took both legal and financial hits during a disastrous third quarter. After a running battle with dissident investors over the value of the firm, the board decided to liquidate the company.
EAST RUTHERFORD, NJ-For the first time in more than eight years, this submarket offers an opportunity for a tenant needing a full floor of class A space this size.
BREA, CA-Provider of medical insurance coverage for dogs and cats will move its headquarters, when construction is completed on a new building in Anaheim the second half of 2001.<p>
ORLANDO-The selection of this 100,000-hotel room tourist mecca over neighboring Tampa, FL and Lakeland, FL is a foregone conclusion and could be unanimous, say academic insiders. An estimated $1 billion in new commercial development hinges on the outcome.
SPOKANE- Tom Skierka, a spokesman for Deaconess/Empire Health, which is developing a medical office building here, says even though Spokane's "medical core" includes eight blocks of office buildings, demand still outweighs availability.
NEW YORK CITY-Maria T. Sicola, senior managing director, and Janice Stanton, managing director, from Cushman & Wakefield have made their November 2000 forecast report available to the market. It reviews submarkets here.
SAN FRANCISCO-Investors reacted by trading the share price down 35% from a 52-week high of $15 on Tuesday to Thursday's close at $9.75, albeit on a paltry volume of 1,300 shares thanks to 94% insider ownership.
SAN ANTONIO-Transwestern Commercial Services has taken control of leasing duties for the 415,000-sf Koll Bren Schreiber Realty Advisor's San Antonio portfolio. It is Transwestern's largest single square-footage assignment in San Antonio.
HICKORY, NC-The Unifour hub of Alexander, Burke, Caldwell and Catawba is outperforming strong tourist destinations such as Asheville, NC and Myrtle Beach, SC, according to Sales & Marketing Management, a trade publication. Hickory is 50 miles northwest of Downtown Charlotte.