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AUSTIN-Aetna Insurance Co. has cut a deal for more space at the 175,000-sf Westech 360 office development. With the five-year signing comes a relocation within the project. It has taken losing one tenant for the expansion to occur.
PHOENIX-Although Wells Fargo has yet to apply for zoning changes on a parcel in Chandler, city officials there say that a one-million-sf campus for the bank is on the way.
DENVER-The Downtown Denver Partnership is smiling over a recent report that quantifies a decade of transition. All aspects have risen significantly and office vacancy at fourth quarter close had been at a 20-year low.
MINNEAPOLIS-Although population in the central cities rebounded, developing suburbs account for 70% of growth in the region. Fast-growing suburbs turn increasingly to multifamily projects, the Metropolitan Council says.
DETROIT-Local real estate investment firm Marcus and Millichap is holding a talk to discuss a market overview, trends and opportunities at 8:30 a.m., April 26 at the Excalibur Banquet Center in Southfield, MI.
NEW YORK CITY-In the latest poll of GlobeSt.com readers, a surprising majority said most new business are popping up in suburban markets and most predicted that real estate values will stagnate in 2001.
BUENA PARK, CA-Since the process began in 1987, this is the closest the city has come to actual construction of a facility to replace its 43-year-old structures now in use.
DETROIT-Detroit Mayor Dennis Archer remains hopeful about a new plan to move only the MGM Grand alongside Detroit River, but wants agreement from a reluctant city council, angry that two casinos may opt to stay Downtown.
HOUSTON-Two leases, totaling 178,000 sf, have been cut for Memorial City Plaza that spell office consolidations for two companies. TotalFina's 130,000 sf will combine two locations and Computer Associates' 48,000 sf, three.
ATLANTA-The possibility of less than stellar first quarter revenues is prompting Boca Raton, FL-based firm to close a 25,000 sf facility in northeast Atlanta, along with a similar site in Atlanta.