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LIVERMORE, CA-The fact that the owner of a retial building raised rates and took in an office tenant has some tenants worried they might be next victim of an extremely tight office market.
IRVING, TX-Archon's cyberspace program, costing upward of $300 million, has reached Dallas as negotiations ensue for telecom hotel tenants in Loudoun County, VA, Newark, CA and Chicago. It's a one lease, one team concept.
WASHINGTON, DC-An economist just released an independent research study that examines plans for the Woodrow Wilson Bridge. The study presents warnings of serious problems related to its union-only project labor agreement.
BOCA RATON, FL-Muvico Entertainment terminated its movie house lease prior to the sale of the 19-year-old, 52,750-sf retail complex at 21060 St. Andrews Blvd. here. Compson St. Andrews Associates paid River Woods of Tampa Ltd. $110.96 per sf for the 5.22-acre asset.
DALLAS-The Turner Corp. is bringing a 25-year veteran of the technology business on board to create and implement a high-tech strategy. The new hire has been named vice president and chief information officer.
LOS ANGELES-Credit-rating giant puts real estate firm on CreditWatch list with a "negative" designation, citing the brokerage's high debt level and uncertainty about terms of proposed takeover.
AUSTIN-It's been a relatively busy week for Austin brokers, who have signed leasing pacts for 12 clients. Analog Devices Inc. is the largest space taker in this week's transactions, signing for 45,000 sf of office space.