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PORTLAND-A California retail REIT is on track to stabilize 10 Kienow's properties it acquired here in October 1998 despite the fall-out of a local independent grocer that had leased two of the locations.
DENVER-The latest Dodge report shows a slowdown in Colorado's non-residential construction, but the firm's vice president says there's no reason to panic. It could be just a settling in after some very robust growth.
BOCA RATON-The 65,000-sf Millennium Building is 100% leased, thanks to a five to 10-year transaction by the optical data transport system manufacturer for 28,500 sf at an estimated value of $3.5 million.
AUSTIN-Endeavor/Westbrook has secured a five-year interim bridge loan for $5.4 million to buy the 77,500-sf Balcones Centre,11149 Research Blvd. Medianet is the major tenant in the 75% leased building.
DALLAS-Lee Park addresses are bringing in top-dollar prices for Dallas developers, prompting one to undertake a second project in the city's trendy sector.
DALLAS-Dallas set the hook, offering tax incentives to Allegiance Telecom to stay within city limits ... and it's paid off. Telecom business signs leases totaling 390,000 sf, one for now and one for the future.