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ATLANTA-Atlanta Realty Partners plans a 26-acre mixed-use community comprising 65,000 sf of retail, 26,500 sf of office and 301 townhomes and apartments on land owned by Technology Park Inc. at Medlock Bridge and Abbott's Bridge roads.
LISLE, IL-The 47,803-sf Corporate West I at 4300 Commerce Ct. offers visibility from I-88 and has been renovated twice during the last 10 years. The Oak Brook office of CB Richard Ellis brings the property, which is one-third vacant, to market at $4.3 million.
WEATHERFORD, TX-The deal closes at $485,000 with seller financing after the new broker on the listing hikes the price on a building that he believed was being overlooked because the ask set by a residential broker was too low to catch a buyer's eye.
DENVER-The mayor has tapped Mary Buckley to lead the city's business development efforts, which will focus on fostering business retention and growth here.
ATLANTIC CITY, NJ-Work on Aztar Corp.'s $245-million expansion at the casino-hotel had been halted since the fatal collapse of five levels of the under-construction parking garage in late October.
LOS ANGELES-Construction begins on the 23-story Californian on Wilshire, a joint venture of Fifield Cos. of Chicago and locally based California Landmark.
LONDON-Billionaire Saudi Prince Alwaleed Bin Talal may join the Morgan Stanley consortium bidding for Canary Wharf. The prince has been a long-term investor in Canary Wharf and currently owns 2% of the group.
CONSHOHOCKEN, PA-The first phase of Riverwalk at the Millennium, a 375-unit multifamily complex in four four-story buildings, will join the three existing office buildings in the planned community under development here.
FAIRFIELD, CA-The locally based hotel owner and manager is nearly halfway through a $10-million renovation of a 312-room resort on Kauai that it acquired in September for $9.5 million. The property will become the first Marriott-branded hotel in Hawaii.
ATLANTA-The private, locally based REIT is offering 600 million newly issued shares of common stock at $10 per share and another 185 million shares of common at $9.55 per share under its dividend reinvestment plan.