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DENVER-A Berkeley, CA-based consulting firm has opened a Denver office to support its active project list, which crisscrosses developments from rails to planning guides. It's the first office outside California for Economic & Planning Systems.
NEW YORK CITY-Sonneblick-Goldman has been retained to sell the building comprised of high-end retail at the base of luxury coops. Those involved in the sale express confidence that the building will be a hot commodity.
SAN JOSE, CA-Clinimetrics Research Associates has signed a lease for a 30,000-sf here that will house the firm's executives as well as its clinical operations, data management, human resources, marketing, information systems and project management departments.
HOUSTON-Crescent Real Estate Equities has started unloading business-class hotels, starting with the Four Seasons, one of Houston's premier luxury hotels. The St. Louis buyer has shelled out $105 million for the 400-room structure and 114-apartment tower.
AUSTIN-The city's boomtown economy lures another out-of-state consulting firm to set up its first office outside its home base in Alexandria, VA. Robbins-Gioia caters its services to government agencies and Fortune 500 clients.
DENVER-Grubb & Ellis' third-quarter analysis presents a healthy picture for the city's largest industrial market. The Northeast corridor has experienced a slight decline in its vacancy rate from a year ago while year-to-date absorption stands at more than 3.4 million sf.
DENVER-A survey of 1,000 commercial real estate power players shows the industry will continue its bullish stance on projects. Half of those polled say their companies plan to increase allocations for real estate projects.
HOUSTON-A $175-million basketball arena has rebounded from an Election 1999 defeat. In this year's final count, 65% of the area's voters supported the city's third sports arena in recent years.