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AUSTIN-Live Oak Development is ending this year with a new beginning--a 125,000-sf office project that has broken ground in the past six days. Ft. Worth-based Carter & Burgess has signed for 60,000 sf for its Austin operation.
NEW YORK CITY-Chase further demonstrates its desire for additional space despite speculation that a merger with J. P. Morgan would spell closings of office and retail space as the company now signs a lease at 280 Broadway.
MILLBREA, CA-Prime Pacific Global Management Corp. has received approval from the city planning commission for Millbrae Garden Plaza. The Burlingame-based company will break ground on the $45-million, 171,183-sf project in early March.
AURORA, CO-There's light at the end of the tunnel for municipal workers now officing as much as five miles apart. Construction begins in the summer on a $70-million, 262,000-sf center that will put all workers under one roof for the first time.
NEWPORT BEACH, CA-Orange County's largest real estate developer broke ground on its latest apartment community project in the Silicon Valley area, one the priciest apartment markets in the state. Completion of construction is expected by fall 2001.
TYSONS CORNER, VA-In a joint venture, Chicago-based Walton Street Capital and Atlantic Realty of Tysons Corner, the 440,000 sf Tycon Courthouse Buildings was purchased for an undisclosed amount. The courthouse is fully tenanted.
HOUSTON-CMC Realty Group of Houston is teaming with Dallas-based Today Realty Advisors on a 150,000-sf tech center in The Woodlands. The state-of-the-art project, bearing a June 2001 completion, is tailored to data and call centers.
SAN FRANCISCO-Peter Back, formerly director of construction management for SwigBurris Equities, is the new senior vice president. Bradford Tardy, most recently senior project manager for Charles Pankow Builders Ltd., is the company's new construction manager.