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TROY, MI-New Home Depot stores here and in Orion Township will provide a retail niche for do-it-yourself builders with 120,000-sf outlets. Both donated money to local youth groups upon opening their doors.
MIAMI-A new report by Cushman & Wakefield of Florida Inc. shows vacancies at 14.6% in Broward, up 1.1%; and 14.2% in Dade, up 2.9%. Palm Beach County's vacancy rate moved down slightly in the second quarter from 12.9% to 12.8%.
DALLAS-The leasing pace has picked up momentum this quarter, with another six deals, totaling 44,229 sf, closing for Dallas-Ft. Worth brokers. One pact means a headquarters relocation from Ft. Worth to Dallas.
ATLANTA-The 12-year-old global developer is banking on near-future demand at SouthPoint business park generated from the planned expansion at Hartsfield Atlanta International Airport.
ORLANDO-Orange County Property Appraiser Bill Donegan rules half of the 15-acre, five-month-old, for-profit attraction near Walt Disney World is a tourist venue and not a religious site. Instead of a $25,000 annual tax bill, the taxes will be $320,000. The park is preparing to sue the county.
DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
LOS ANGELES-Robert Pernell says he will recommend that plans for the 53-megawatt plant be rejected by the full Energy Commission, noting neighborhood opposition and air-quality concerns.