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SEATTLE, WA-According to the latest report from Texas-based M/PF Research, rents in the greater Seattle market increased by an average of 6% since fourth quarter 1999, exceeding the region's general consumer price inflation rate of 4.1%.
ATLANTA- First-quarter figures have been especially bleak, topping out at only $50 million. Investors report no class-A buildings are included in that figure.
OVERLAND PARK, KS-A study shows potential for an urban style development, including up to 1,200 housing units, on 300 acres here. It would be a departure from usual cul-de-sac subdivisions and strip mall shopping centers.
VANCOUVER, WA-Permission to actually build the arena and convention center should come in pieces over the next six weeks. Anchor tenants of the facility are planned to be five minor-league teams playing hockey, indoor football, soccer, basketball and tennis.
BOSTON-The National Building Trades Council plans to take legal action to seek an injunction against an executive order banning project labor agreements on all construction projects that involve Federal money. The order endangers the Big Dig's project labor agreement.
CHICAGO-The international financial services firm is getting more than 15 floors in the 50-story office tower under construction in the West Loop. The building also will be named UBS Tower.
KANSAS CITY-The lobby, food court and walkways at one of Downtown's largest office and retail buildings all will be revamped. Developer Copaken White & Blitt has hired the architectural firm of Gould Evans Goodman.
DENVER-Wingstop Restaurants, based in Dallas, is flying high with an expansion that has 42 stores under development in seven states. And, the restaurateur has picked up another four with a Colorado franchisee.
ST. LOUIS-Colliers Turley Martin Tucker brokers represent health group and a law firm in deals involving 83,000 sf. Blackwell Peper Martin moves to 720 Olive St. while Bethesda Health Group Inc. takes space at 1630 Des Peres Rd.
AUSTIN-Primary lenders for Austin-based USOL Holdings have signed off on an amended credit line, which puts nearly an extra $2.8 million into the coffer. The credit line is capped at $35 million and comes with stipulations.