Shorenstein: Press Center -
[Cached Version]
Published on: 1/22/1998
Last Visited: 3/28/2009
By the end of 1997 they had been slashed to 8 percent, according to Chris Curtis, who oversees the properties for the privately held real estate company.
Top rents, meanwhile, have edged up from about $25 to as high as $30 per square foot.
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"Our game plan is to enhance the retail, fill up our buildings, and watch that ripple out to other buildings," Curtis said.
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As part of the City Center package, Shorenstein obtained development rights to five outlying vacant parcels, and has been discussing building options with possible users, Curtis said.
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"We're ready for that," said Curtis.