AUSTIN-Image Microsystems and Comac Inc. take a combined 44,800 sf extra at ProLogis Park Walnut Creek. The duo now occupies a whopping 99,200 sf at ProLogis Park Walnut Creek, where vacancy is just 2.2%.
AUSTIN-The retail sector falls slightly short of its 10-year high, but still 2002 occupancy is nothing to scoff at, says NAI/Commercial Industrial Properties. The pace is steady and the interest is high, with rents on the rise.
SAN ANTONIO-Furniture Row gets a refinancing package, amortized over 15 years, from Seattle-based Safeco Life. NorthMarq Capital says the borrower's longevity was key to the refi for the 67,959-sf, two-building property.
AUSTIN-Four more Laptop Lane airport-located business centers fall to Austin's Wayport. This time, the buy is at the Cincinnati/Northern Kentucky International Airport. Last year, Wayport took control of nine centers at metro airports.
AUSTIN-As many as 10 new stores could roll out in the second half of the year under the Whole Foods branding. The Austin-based natural foods grocery chain has bagged a good first-quarter showing for stockholders.
SAN ANTONIO-Cale Hahn, Weitzman's research director in San Antonio, is named this year's chairman for a prestigious 15-member San Antonio panel that represents various sectors of the economy.
AUSTIN-Bread-and-butter deals are keeping Austin brokers busy in what is described as the start of a return to more normal market conditions. Class B tenants are trading up for nicer buildings, but not necessarily more space.
AUSTIN-Bread-and-butter deals are keeping Austin brokers busy in what is described as the start of a return to more normal market conditions. Class B tenants are trading up for nicer buildings, but not necessarily more space.
AUSTIN-Jerry Frey, CB Richard Ellis' managing director in Austin, is in the right place at the right time to cut deals with brokers and building owners to pick up the slack from Insignia's Austin exit. Next comes San Antonio.