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CHARLOTTE-Vacancies are expected to rise with seven products totaling one million sf under construction. The current 10% vacancy level could reach 12%, a level that doesn't seem to concern market watchers here.
ANTIOCH, CA-As a condition of the new Williamson Ranch plan in East Antioch, the City Council here is requiring developer Taylor Properties of Sacramento to develop sit-down restaurants like a Denny's or a Marie Callender's.
NEW YORK CITY-Overflowing crowds are packing the trade show floor as retail and real estate execs come together for the International Council of Shopping Centers' New York Idea Exchange.
AUSTIN-One by one, the sealed deals keep stacking up for Austin-based USOL Holdings' subsidiary. This time, US OnLine secures a 15-year pact to deliver IT service to 440 units in Duncanville.
WHITE PLAINS- Executive Andrew Spano announced yesterday (Tuesday Dec. 5) that the county has allied with MrOfficeSpace.com to link a listing of available commercial office space in Westchester with county government's web site.
FT. COLLINS, CO-Timberline Development is bringing a tried-and-true retail practice to Colorado. The developer is fine-tuning plans for the Great Colorado Marketplace, a 100,000-sf indoor weekend retail venue for specialty vendors.
HOUSTON-Light rail's a sure bet when it comes to sparking commercial real estate development, specifically around the portals. Those involved with the project point to other cities as proof that rental rates may rise, but so will the economy.