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ATLANTA-MetroNexus of New York and Paris and Core Location of Bethesda, MD jointly plan to convert old warehouse space in a depressed intown area into a one million-sf Metro Technology Center Atlanta, one of the largest telecom hotel projects in the United States. Scheduled opening: Fourth quarter. Area rents are $15 to $17 psf.
SAN FRANCISCO-The locally based apartment REIT announces a quarterly common share dividend of 42.5 cents. The company has given out 120 consecutive dividends, every quarter in its 30 years history.
ATLANTA-The $84 million span will cross the Downtown Connector--Interstate 75 and Interstate 85--and link the 140-acre, mixed-use Atlantic Steel Center downtown to Midtown.
STAMFORD, CT-Cushman & Wakefield calculates that the overall vacancy rate in Fairfield County Connecticut hit a historic low at the end of the second quarter.
DALLAS-A Dallas-based high-tech startup is leasing 7,500 sf in the city's bustling e-commerce strip in Deep Ellum, where New Age street-level retailers are being joined by dot-com businesses taking up the upper floors of renovated turn-of-the-century buildings. The company also is awaiting completion of a New York City building where it has signed a long-term office lease for its executive and financial management team.
FREMONT, CA- The 255-acre site recently received approvals for the full 8.3 million sf business park; 774,000 sf of space is already complete and occupied, and another 240,000 sf is currently under construction
SUNRISE, FL-Anyone interested in building a new small-store strip shopping center in the western part of this Broward County community had better forget it. The city won't approve most of them.