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BLOOMINGTON, MN-John Erickson leaves his post as commercial real estate manager with Twin Cities office of CB Richard Ellis to oversee planning and operations for 1.5 million sf of industrial and retail space in 16 buildings.
WASHINGTON, DC-New York-based FiberNet Telecom Group Inc. and locally-based Cogent Communications Inc. are entering into a $5-million agreement that will give Cogent access to FiberNet's nationwide commercial properties portfolio.
DANVILLE, CA-Town Council members here are paving the way for the 75-unit seniors' apartment complex to be developed by the nonprofit branch of Bridge Property Management and this town's community development agency.
PORTLAND-The slowing trend is expected to continue through the spring and summer of 2001.Unemployment in Portland averaged out to 3.9% for 2000, according to the department. Oregon as a whole saw unemployment of 4.8%. Nationwide, the figure was 4%.
NEW YORK CITY-One reason for the rating change is that the firm's efforts to position itself as a global real estate provider will prove challenging. That program will require integrating disparate and geographically diverse operations.
EDINA, MN-The two buildings owned by Mutual of New York Life Insurance Co. have a total of 85,000 sf available out of 215,150 sf in the complex on W. 78th Street. Vice presidents Mike Perkins and Kevin O'Neill have the assignment.
ORLANDO-In a consolidation mode, Florida Power Corp. is taking 85,000 sf for 10 years at the Indianapolis REIT's 110,000-sf North Point Park of Commerce in suburban Lake Mary, FL. The estimated value of the lease, which has five five-year renewal options, is $17 million.