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CHARLOTTE-A recent victim of Uptown's popularity is Ron Goodwin's Southern Renaissance Restaurant on North Tryon Street. The owners are trying to sell the land for a major development and Goodwin can't get a long-term lease.
POUGHKEEPSIE, NY-The Dutchess County Economic Development Corp. has won third place in the Regional Economic Incentive Program category of Business Facilities Magazine's International 2000 Economic Development Achievement Awards Program.
KANSAS CITY, NORTH, MO-Sale of revenue bonds will ensure staying that the airline will keep its aging jet maintenance base here. The lease is for three years beginning in January, with a 25-year extension if $110 million in bonds are sold.
HOUSTON-A diverse mix of real estate buys highlights this week's transactions in the region. One purchase will open doors for an 82-room motel along Will Clayton Parkway while a League City land buy is the site for a Walgreen's.
ORLANDO-Grubb & Ellis Co. predicts the market will end the year with a record two million sf of net absorption. St. Joe Commercial, the area's dominant developer, expects to lease a minimum 300,000 sf of class A next year and is negotiating to buy four area assets totaling about a half million sf.
DENVER-AMLI Residential has entered the Denver market in a big way, paying $51.2 million for a 414-unit luxury apartment complex. More deals are sure to follow, vows AMLI Residential's president. The sale sets a new record in the region.
IRVING, TX-The good news is AIP's shareholders will be getting a Christmas bonus of $1.27 per share. The downside is it's being deducted from per share takes of a pending merger with Ohio-based Developers Diversified Realty Corp.
ORANGE COUNTY, CA-Venus Textiles has leased a build-to-suit building, while Freight Management will occupy the larger of two suites in the new building it has just purchased.