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WOODBRIDGE, NJ-The NJ Highway Authority, operator of the toll road, sets aside funds for several key projects, but repairs to a major bridge are on hold because there isn't enough money in the kitty.
SAN DIEGO-Commercial construction was up in 2000; however, a decline in residential and other building sectors points to a general construction slowdown last year.
NORTH READING, MA-Converse Inc. files for bankruptcy protection. The sneaker maker sells its headquarters here for $15.1 million but plans to remain in the area.
KIRKLAND, WA-The software customization company is in the process of vacating its 14,000 sf of offices in the Crown Point Corporate Center here following a decision by its Bellevue-based, Japanese-owned parent company Trans Cosmos USA, to shutter the operation.
DENVER-Invesco is dangling a $120-million carrot for the right to affix its name to the new Mile High Stadium. Denver's mayor says full disclosure about the name's future, its existing label and debt pay-down must come before final papers are signed.
EUGENE, OR-Buyer Arlie & Co. is looking to do some interior demolition work and lease out the property temporarily as office space or storage while it studies the myriad options for the 11-acre site, which is zoned for general commercial uses an includes five acres of undeveloped land.
PHOENIX-A consultant to Scottsdale has suggested scaling back the size of a mixed-use project that will be anchored by an ice hockey arena for the Phoenix Coyotes, if the city wants to increase return on its investment of $100 million in public funds.
AUSTIN-It's a landlord's world in the state capital, where monthly rent has jumped above $800 for the first time. New completions are failing to curb rent, with demand lagging by a mere 150 units. This year could bring relief due to the number of projects now under way.
KANSAS CITY-The stationery company's 500,000-sf facility at 5414 E. Front St. is available for sublease through Colliers Turley Martin Tucker. It now belongs to Pen-Tab, which bought the company in 1998.