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COEUR D'ALENE, ID-Price Legacy Corp., a San Diego-based company, says it has reached an agreement to buy 25 acres in the Riverstone development for $6 million. The real estate investment trust plans to construct a 225,000-sf mixed-use facility, including a movie theater.
LOS ANGELES, CA-The market has maintained stable vacancy rates despite the weaker economy, but rent growth slowed in the second quarter and demand was lackluster, according to a quarterly study by Hendricks & Partners.
SAN JOSE-The developers Santana Row, a major residential and retail complex that lost its largest building to a fire last week, push back the grand opening from Sept. 19 to Nov. 7.
DENVER-The $12-million Clyburn Apartments will be occupied by residents 55 years old or older making less than $33,000 a year. The 100 units are the first of 4,000 multifamily units coming to the redevelopment of Stapleton International.
GRANBY, CO-A 50,000-sf to 60,000-sf King Soopers or City Market will be the next addition to this $450-million residential community boasting an 18-hole golf course, an on-mountain Alpine Club, marina and beach club.
LOS ANGELES, CA-Superior Court Judge David Yaffe decided against the Los Angeles-based real estate investment trust in its bitterly fought battle with Thomas Properties over a proposed development in El Segundo.
DETROIT-In addition to 10 restaurants opening on East Coast, the Columbus, OH-based Damon's Grill plans an equal number in the state, primarily on the eastern half, as part of its push to reach 300 stores.
BOSTON-Edward A. Fish Associates and the Asian Community Development Corp. begins construction on the Metropolitan, a 251-unit project that is being developed through a public/private partnership on a 43,860 sf parcel in Chinatown.
SANTA ROSA, CA-Four years after Charles Schultz decides to build a museum and research center, the idea is reality. The $8 million facility opened its doors this weekend.
CHICAGO-A 69-story building would replace a parking lot at 111 W. Wacker Dr. with 320,000 sf of office space and 240 condominiums. The corner of Wacker and Clark Street has been undeveloped for more than 30 years.