ORLANDO-In a win-win transaction, the state is getting a 99-year contract from privately-held Florida Fiber Networks Inc. to use part of the company's planned 2,200-mile fiber optic cable network's capacity. That concession is valued at $1.2 billion.
BELLEVUE, WA-The Vancouver, B.C.-based developer will be the last of three to break ground for new downtown office space, but the first to open; indeed, all its properties are looking good
CHARLOTTE-David Anderson, a financial planning consultant and a 35-year Charlotte resident, is the new chairman of the Charlotte-Mecklenburg Planning Commission. The group reviews multimillion-dollar commercial real estate projects and recommends how and where the city's growth will travel in the near future.
CHESTER, NY-Alleged environmental violations by development owner causes problems for Kohl's proposed project. Until the administrative judge rules in the next 30 to 60 days, construction is prohibited.
PORTLAND-A California retail REIT is on track to stabilize 10 Kienow's properties it acquired here in October 1998 despite the fall-out of a local independent grocer that had leased two of the locations.
DENVER-The latest Dodge report shows a slowdown in Colorado's non-residential construction, but the firm's vice president says there's no reason to panic. It could be just a settling in after some very robust growth.
BOCA RATON-The 65,000-sf Millennium Building is 100% leased, thanks to a five to 10-year transaction by the optical data transport system manufacturer for 28,500 sf at an estimated value of $3.5 million.