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MIDLOTHIAN, VA-The 45,000-sf office building known as Waterford I hits the market and commands $5.2 million. The property, which occupies a five-acre parcel fronting a small lake, is leased to a wide array of tenants and has an assessed value of $3.4 million.
BEIJING-Several months after the March outbreak of the Severe Acute Respiratory Syndrome, or SARS, international arrivals to the country are beginning to recover, according to a hotel market report by the Singapore office of HVS International.
CASA GRANDE, AZ-Corporate chiefs for Graham Packaging sign a 15-year lease to get a bottling facility within a mile of one of its major customer, Abbott Laboratories. The $6.1-million plan calls for a March occupancy.
PHOENIX-One of the Valley's best known luxury resorts, the 452-room Camelback Inn, has won Marriott's highest ranking as a JW Marriott property, making the resort just the second in the state to corner that title.
ATLANTA-The Washington, DC-based firm, which owns 290 properties nationwide, is putting its 11 local buildings totaling 1.6 million sf in play, either as a package deal or separately, brokers in a position to know tell GlobeSt.com.
ARLINGTON COUNTY, VA-County officials make way for the development of a larger stable of mixed-use properties--specifically those with residential components--in their neighborhood commercial districts. The board's alteration of two zoning ordinances opens the door wider for such new projects.
TRENTON, NJ-Against a backdrop of "smart growth" and the Garden State's ingrained home rule mentality, two key legislative committees have passed along an initiative that would allow communities to transfer development rights.
SAN FRANCISCO-Allen Matkins Leck Gamble & Mallory LLP next June will move to the Boston Properties office building from 333 Bush, where its lease is up at the end of May.
LONG BEACH, CA-Santa Ana-based Triple Net Properties' G REIT acquires One World Trade Center for $113.6 million from a partnership of AEW Capital Management and Ensemble Development.