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VAIL, CO-Vail Resorts Development is undertaking a market study to see what would-be buyers prefer in timeshare options. Vail is hoping to capture some of the market in what is considered a booming business, says a resort executive.
MINNEAPOLIS-The financial services firm wants high-traffic locations near large retail developments. The sites need to be about 1.5 acres - large enough to accommodate 5,000-sf buildings.
PORTLAND-The firms will be filling vacancies in a 4.2-million-sf Portland-area industrial portfolio the Chicago-based investor of pension funds is acquiring in a $400 million, 8.3-million-sf staged acquisition from Spieker Properties that began last fall and will continue through 2001.
DALLAS-Some metropolitan areas are experiencing hefty landlord giveaways, but the courting practice hasn't invaded Texas as yet, say real estate execs in Dallas-Ft. Worth and Austin. They say there definitely won't be a return to free rent days as in 1987-88.
KANSAS CITY-The first phase of a study concurs with a plan for Richards-Gebaur Memorial Airport to handle trains rather than planes. The study nixed building another runway at the airport once used by the Air Force.
MIAMI-Overall and direct vacancy rates increase in two of three South Florida counties, though asking rents for commercial office space remain stable, according to a new study by Cushman & Wakefield of Florida Inc.
SAN FRANCISCO-According to a report from Grubb & Ellis, the San Francisco office leasing market is showing signs of stabilization in the central business district, but the area south of Market Street has vacancy rates of more than 20%.
HOUSTON-The city's high-profile Uptown Galleria submarket is in a slump and the CBD is bustling, according to a new research report. High-tech fallout, relocation to owner-occupied structures and traffic patterns could be the cause.
SAN ANTONIO-A two-year redevelopment at San Antonio's South Park Mall has spiked occupancy by 30%. Enthusiasm is riding high with Old Navy working on the city's first in-mall location. And a seven-acre buy is setting the stage for an expansion.