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ATLANTA-The five-year-old provider of in-building broadband communications services loses $23.8 million in the second quarter, its second consecutive period loss. But data customer volume is up by 100% and business line growth has risen by 82% over second quarter 1999.
AUSTIN-A Boston-based real estate investment and advisory firm is the new owner of two industrial developments, totaling 266,660 sf, in Greater Austin. The properties sit in the city's tightest submarkets.
ORLANDO-Although restaurant and retail sales in some tourist corridors are off by more than 10%, land prices remain steady. Shopping center sites over 10 acres are in the $6 psf range. Outparcels are selling for $13 to $18 psf.
ORLANDO-The Quest Co., positioning itself as a heavy hitter, has lured three seasoned pros from Arvida Realty Services to strengthen its retail and multifamily brokerage side.
MANTECA, CA-Build-out problems have a would-be Web-based drycleaner behind schedule for occupancy of a 96,000-sf building in Spreckels Industrial Park.