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SAN FRANCISCO-Gap Inc. agrees to lease a new 283,000-sf building here, validating Catellus Development Corp.'s plan to transform the 303-acre former rail yard into a $4 billion cluster of offices, apartment buildings and retail shops.
DALLAS-HCA has unloaded 116 medical office buildings in 16 states, of which 32 are situated in Texas. HCA takes home $250 million and minority interest in the buyer while freeing up hospital CEOs to focus on medical centers.
CHARLOTTE-Sixteen shelter projects are under construction. A dozen new restaurants and night spots have opened since last summer. Although city officials hope for a retail resurgence Downtown, the central business district's 500,000 sf won't catch the suburbs were the SouthPark project alone boasts two million sf of retail.
ALBANY, NY-New York State agencies that are coordinating a study to establish a Rivers and Estuaries Institute for the Hudson River have scheduled three roundtable discussions on the proposal in Albany, Poughkeepsie and Tarrytown.
OVERLAND PARK, KS - Shawna Allison-Leslie, with 15 years in the business, joins Kitchell, a commercial architectural firm, as business development manager.
TIGARD, OR-Locally-based IronSpire, maker of an on-line construction management product, will market a new Safetylogic product as a way to reduce exposure to liability for project managers and owners through tighter control of safety processes.
NEWARK-A coalition for the economically challenged of the city charges that the municipal agency has been slow to replace the '50s and '60s high-rise residential projects that have been imploded in recent years.
VANCOUVER, WA-Commercial and retail developments would see the highest increase under the proposal. In some areas, their fees would jump from under around $10,000 to around $100,000. The first public hearing is tonight.
NEW YORK CITY-In-place rents for the property are $28.50 per sf, about 35% below the market level. SL Green will act as the joint venture's operating partner.