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CHARLOTTE-The developer is bucking a sluggish six-month trend in speculative development with its warehouse/distribution project under way at Northpark Business Park, a north Charlotte submarket where second-quarter vacancies have climbed to 10.4% from 8.9%.
ORANGE COUNTY, CA-A judge allows theater chain to continue spending proceeds from inventory sales. The money originally was pledged as collateral for bank loans.
AUSTIN-Retailers are hustling to keep pace with the city's feeding frenzy for residential and commercial space. Where there's that kind of activity, there's customers - a rainbow of opportunity that has more than 500,000 sf of retail space under construction or in the works.
MINNEAPOLIS-New Minneapolis office building feeds off proximity to new Target headquarters. S.C. Johnson Wax and Playtex to use space as showroom for Target buyers.
ORLANDO-Gene Garfield, a Pompano Beach, FL entrepreneur, says he has new data to revive his planned $1.5 billion elevated transportation system proposal linking Port Canaveral, Orlando International Airport and tourist-heavy International Drive.
AUSTIN-The "Silicon Gulch" continues to lure new players to the area, but the firms relocating or opening offices here are discovering that finding sufficient space can be a daunting task. Two companies find the market so choked that only 1,000 sf each could be snagged for their offices.