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AUSTIN-The city's retail real estate sector continues its heady pace, with sales rising, consumers clamoring for more stores and tenants discovering rents in some areas have jumped by 10%. The force behind Austin's good fortune is its top ranking in job development.
AUSTIN-Now that the air has cleared for Henry Cisneros, former secretary of Housing and Urban Development in the Clinton administration, he is setting his sights on property development. Cisneros last year pleaded guilty to lying during an FBI background check, paying a $10,000 fine.
MIAMI---With telecom and info tech space-users powering much of South Florida's economic growth, office vacancy rates are down and construction activity is up.
DENVER-The city's largest architectural firm is undertaking five projects, totaling more than 1.3 million sf, in the Greater Denver area. The largest project involves a facilities' master plan and campus consolidation for the 950,000-sf J.D. Edwards & Co.'s office development.