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CHARLOTTE-The owners of a former A&P warehouse in the city's West Morehead district plan to convert the 62,900-sf building to offices with rents at $17 psf to $22 psf. The asset will be called Cedar Hill.
AUSTIN-Another headquarters shift occurs in Austin, this time it's a residential and commercial developer who's picking up stakes. The real estate business is moving into 10,000 sf in a structure it owns at Spicewood Springs Rd.
DENVER-The 1,000-acre Majestic Commercenter adds two tenants to its growing roster. Quantum's 21,000-sf lease represents one of the largest industrial deals so far this year in the Denver market.
ORLANDO-As area developers rush to complete telecom hotels for a growing number of telecommunications industry tenants, a new study pinpoints what commercial real estate watchers have suspected for the past two years. Central Florida's $10 billion high-tech industry is surpassing tourism and entertainment as the area's leading economic booster.
PORTLAND-Construction on the $106 million project was slated to begin next month, but officials are now waiting until after the November election because of Measure 93, which would eliminate much of the funding.
SAN FRANCISCO- A joint venture between Skyline Pacific Properties LLC and Franchise Realty Investments acquires 19 steakhouses located in California, Arizona, Ohio, Virginia, Indiana, Michigan and North Carolina.