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ST. PAUL, MN-The move to its new building will free up its old space across the street. The insurance company decided it would easier to lease that older (and cheaper) space to other companies than the newer (and more expensive) space in the new tower.
HERDON, VA-The newly released compensation report from the National Association of Industrial and Office Properties reveals that the median base salary for CEOs of development companies is $200,000 with incentive and compensation packages totaling $64,000.
PHOENIX-Although office vacancy rates increased slightly during the third quarter of this year, a new report predicts that total net absorption for the year could easily exceed 1999's absorption of 2.4 million sf. <p>
DUBLIN, CA-This week the City Council is deliberating a new fee levy on developers, the proceeds from which would fund a pair of new fire stations on the eastern edge of town.
ATLANTIC CITY-Vacant luxury residential building, located near boardwalk casinos, will try to tap into underserved vacation segment in this gambling Mecca.
NEW YORK CITY-Lend Lease's CapMark Services will handle the account on a national basis, backed up by the real estate firm's asset management services.
RIDGEFIELD, WA-Houston-based JRC Financial Inc. and the Schuck Corporation of Colorado Springs closed on their purchase of a former potato farm near Interstate 5 and Northwest 258th Street, which they plan to transform into a self-contained community.
HOUSTON-A nationwide pharmaceutical chain marks its Texas inroad with the acquisition of seven pharmacies in the Houston area. The Familymeds Group buyout is part of a 31-property portfolio that's been bought from Integrated Pharmacy Solutions.