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AUSTIN-Rainbow Technologies, headquartered in Irvine, CA, is the newest partner in the Microsoft Technology Center, which opened earlier this month in Austin. The security systems provider is joining power players such as Dell, CyberSource and Giganet.
NEW YORK CITY-The Joint-Industry Taskforce may have won a significant battle in the war of the listing service groups. Douglas Elliman, which had partnered with the Corcoran Group to create a New York multiple listing service, is said to be abandoning that effort to join the opposition.
SAN DIEGO-A local firm, which is trying to develop a major resort project in Baja California, is a launching senior-care facilities division. The first community opens this week in Youngstown, AZ
BATTLE GROUND, WA-United Tempering Systems is building the glass fabrication facility on the southeast edge of town, where more than 100 acres of industrial-zoned land being prepared for development as 199 Commerce Center.
NEW YORK CITY-Thomas Jacob, CEO and chairman of the Chase Manhattan Mortgage Corp., played host to the US Conference of Mayors and the Mortgage Bankers Association of America at Chase's Park Avenue offices. The two organizations revealed their plan to encourage urban revitalization and the results of a poll.
SEATTLE-The ultra-tight office market here, which is holding steady at a rock bottom 1.1% vacancy rate through the first nine months of the year, has sent lease rates in some new class A office buildings soaring past the $50 per sf full-service benchmark, according to a third quarter report by Grubb & Ellis.