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RED LAKE, MN-The current casino here will be converted back to its original use as a community center after a new casino, 40-room motel and water park are built on Minnesota Highway 89 on the edge of the reservation.
AUSTIN-A stock-for-stock trade plus a hushed cash exchange puts New York City-based RexOffice.com into the hands of Austin's SiteStuff. It's an impressive combined customer list that also gives SiteStuff a deep penetration into the Big Apple's market.
ATLANTA-The metro markets posted an overall occupancy rate of 91.65%, surpassing the 89.8% that Richard Bowers & Co. had predicted for all of 2000. Average class A, full-service rents of $21.45 per sf matched the researcher's earlier estimate of $21.50 per sf.
DENVER-A critical parking shortage will soon be history at City Park, where officials are undertaking a 764-spot, $16-million underground facility. The design-build team is comprised of all local contractors and designers.
MORRISTOWN, NJ-A utility company will lease Amtrak's right-of-way to string fiber optics from New York City to Washington, DC and west to Harrisburg, PA. The 375-mile mainline section will be ready by spring.
SAN CLEMENTE, CA-Reza Etedali of Sperry Van Ness represented both parties in this transaction that garnered more than $217 per sf for the owner/seller.
SEATTLE, WA-Fresh off six years as a VP of a Singapore-government owned real estate investment company, Gregory Johnson is becoming the locally based development and management company's fifth partner on April 1.
DALLAS-A newly formed partnership that includes Henry S. Miller's Darrell Hurmis is taking stock in Rockwall's future. The team has acquired a 46,000-sf industrial building fronting Texas 205, where the groundwork is being laid for a six-lane, divided highway.
DENVER-A dilapidated low-income housing complex will be coming down, says the Denver Housing Authority. At one point, officials thought the complex could be salvaged, but higher-than-anticipated costs have changed minds.