SAN JOSE, CA -- In the wake of a stock-market correction and skyrocketing office rents, some online companies are choosing to hang their hats elsewhere.
CORAL SPRINGS, FL-The Miami real estate firm is increasing its seven million-sf management portfolio with the addition of a 78,000-sf, 96%-leased shopping center in Coral Springs, Broward County.
ARLINGTON, TX-A leading female-owned business adds space and equipment to keep up with growing demands in the high-color lithography trade. The expansion is being necessitated by projected growth rates for the future.
WEST PALM BEACH-Ocwen Financial Corp. is selling its three remaining San Francisco office buildings for a total $210 million. The firm wins servicing rights package on $700 million worth of subprime mortgages.
HOUSTON-The long-vacant Plaza Hotel is being eyed for an adaptive reuse project into city apartments. The Finger Cos. is negotiating the possibility with the 70,000-sf structure's owner, Legato Interests.
FORT MYERS, FL-The Richard E. Jacobs Group of Cleveland feels it is receiving less than traditional Southern hospitality in planning a 1.8 million sf, estimated $30 million regional shopping center in this west Florida city, about 120 miles northwest of Miami.