BOCA RATON, FL-The real estate investment trust reports the weighted average gross rental rate on new leases signed increased $12.39 per sf over the second quarter.
LONDON-Listed agency Savills has announced profits virtually unchanged for the six months to 30 June 2001, despite reporting a slowdown in both investment and leasing activity in the UK.
SAN DIEGO-One of the city's largest private employers, and one of the nation's largest computer makers will lay off up to 25% of its work force and refocus its business.
LONDON-Fears Surrounding the imminent demise of the UK commercial property market may be hugely overstated, according to research released today by agency Knight Frank. The case for investment in commercial property still remains strong.
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.
SAN DIEGO-The dot-com meltdown fluffed up the county's office vacancy in the first six months of the year, according to statistics from CB Richard Ellis.
LAKELAND, FL-The 187-unit multifamily Angler's Cove Manufactured Community received $2.85 million and the 153-unit Angler's Cove West Manufactured Community obtained $2.35 million in separate refinancings brokered by Collateral Mortgage Capital of Birmingham, AL. Lakeland is 40 miles south of Downtown Orlando.
SPOKANE, WA-Avista Corp. intends to ask regulators in Washington and Idaho to OK an energy surcharge to electricity customers in both states. The surcharge is intended to offset the costs of a severe shortage of hydropower generation and volatile energy market prices.