Globest Sectors

AUSTIN-It's time to court all types of companies: those that are here and those that might be willing to come, says a leading local economist. For too long, the focus on been on dealing with Austin's rapid growth rather than seeking more corporate residents.

MESA, AZ-A trio of investors has sold its 19,200-sf retail center at the corner of Broadway and Dobson roads in Mesa. A Tempe-based investor puts up about $1.5 million or in excess of $75.50 per sf for the 96%-occupied holding.

ATLANTA-The locally based multifamily developer hits 100% occupancy at the 452-unit Vinings community located just off Interstate 285 in northwest of Atlanta.

WASHINGTON, DC-One provider thinks it has developed a solution for companies complying with NAR policies.

ORLANDO-The U.S. Occupational Safety and Health Administration opened a formal investigation today in the death of a 36-year-old construction worker whose harness broke as he was working on a rooftop scaffold, 60 feet above the Orange County Convention Center's floor.

LONDON-Cheapside, the prime retail pitch in the City of London, could be set for a surge in rental values according to a new survey from agent Churston Heard and economic analysts Business Strategies.

AUSTIN-Rising office vacancy has hit the pocketbook of building owners, with rent dipping 42 cents per sf between first quarter and Q2 closings. The average now rests at $27.15 per sf, with the CBD being hardest hit as rates plummet $4.20 per sf.

TACOMA, WA- Two local residents have been found guilty of 11 counts of conspiracy, mail fraud and bank fraud in a real estate scheme that cost victims $2 million.