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STAMFORD-The Wiggin & Dana law firm will more than double its office presence here when it relocates its operations in the next few months from 3 Stamford Plaza to 37,000 sf of space at 400 Atlantic Street.
WINSTON-SALEM, NC-Brokers say a planned beltway and not the parcel carrier's facility is driving prices up to $2.30 per sf. Larger parcels can still be bought for 57 cents per sf to 69c per sf--a developer's fantasy. Winston-Salem is 150 miles northeast of Downtown Charlotte
LOS ANGELES-The two schools didn't make it to basketball's "Final Four," but they'll compete in NAIOP's annual Real Estate Challenge on Thursday in Long Beach.
GREENVILLE, SC-Fitch is giving an AAA rating to the county's $38 million in outstanding general obligation bonds. Office occupancies are at 77%, or 2% lower than in 1999. The area has a four-year supply of office space.
DENVER-It's a transitional year for Denver-based AmeriVest, which had its FFO drop but net income increase for 2000. Overall, the REIT's leaders are pleased in the changeover from a diversified portfolio to strictly office.
MINNEAPOLIS-Going from a REIT to a software company has proven to be a difficult journey for Stonehaven Realty Trust. Despite stable cash flow from real estate and increase revenue, the company still finsihes in the red.
CHICAGO-The firm assumes property management responsibility for four Downtown properties here with a total of 45,976 sf, as well as 139,879 sf in Pittsburgh, 33,675 sf in Boston and 9,290 sf in Philadelphia.
BOSTON-The city is considering having designers compete on how to best plan part of the Surface Artery, the 30-acre parcel that will be created here once the Big Dig finishes putting the highway underground.
ST. LOUIS-The two leases account for nearly 35,000 sf of space. Lockwood Greene Engineers takes 24,400 sf at 1000 Des Peres Rd. Hardees takes 10,534 sf at One Firstar Plaza.