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SAN DIEGO-Locally based architectural firm Austin Veum Robbins Parshalle reports completion of its $12.9 million Woodfin Suites Hotel in Emeryville, CA.
NEW YORK CITY-Heron's Hill II and III, a 280,000-sf class-A eight-story office property in Toronto, was acquired for $37.3 million; the 287-unit multifamily facility was sold for $24.65 million.
ORLANDO-Smith Travel Research notes that the Lake Buena Vista, FL attractions hub, dominated by the 30,000-acre Walt Disney World enclave, shows the highest February occupancy at 81.3%, but that is still 4.2% under the 84.9% occupancy posted in the same month last year.
PORTLAND-Without such a move, coupled with utilities reducing purchases by as much as 10%, retail rates will likely double, forcing more layoffs at least, and at worst forcing more employers completely out of business.
DENVER-Two national consultants and a 48-member advisory board are putting their heads together to write a land use and transportation plan. The outcome should have wide-ranging impact on urban infill projects.
SAN FRANCISCO-The Internet listings company currently has more than 2,500 Bay Area commercial real estate listings on its Web site and plans to add for-sale commercial space in the coming months.
ATLANTA-A study by M/PF Research of Carrollton, TX finds first-quarter monthly rents averaging $808 overall and $915 at properties built in the last 10 years. The rent increases of 2.8% compare with increases of 4% to 5% between 1998 and 2000.
LILLINGTON, NC-The eighth fastest-growing area in the state is banking on the 18-mile four-laning of NC 87 from Lillington to Fayetteville slated for completion within a year. Lillington is 100 miles east of Downtown Charlotte.
ISSAQUAH, WA-Boeing will be the sole tenant of the five-story building located on SE Black Nugget Road. Occupancy will take place over a staggered schedule from May 15 to Sept. 1, 2001.
CHICAGO- Starwood Hotels & Resorts Worldwide, Inc. will open 556-room W Chicago - Lakeshore, a renovation of a former Days Inn on Lake Shore Drive; and 390-room W Chicago - City Center, a makeover of the historic Midland Hotel.