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WEST PALM BEACH, FL-Alliance Holdings LLC paid the Rreef Funds $73,101 per unit for the 316-unit luxury apartment community here. The apartments are centered around a Jack Nicklaus-designed golf course.
MONTGOMERY TWP., NJ-Besides the 218 residential units, Sharbell Development's Waterford project will include an assisted living facility and a small medical office building.
LONDON-A row is brewing between two major UK property players after Fordgate failed to complete on its $207 million purchase of three London office buildings from Hammerson.
FAIRFAX, VA-Tetra Tech Inc. renews and expands its commitment to office space at Willow Wood Plaza II by singing on for a nearly six-year renewal of its current 36,000-sf digs, and by adding about 5,500 sf to that number.
MORRISTOWN, NJ-Two projects make up the space--a 98,850-sf facility just opened in Watchung, NJ and a 124,500-sf asset just under construction in North Brunswick, NJ.
CHICAGO-Construction of the $50-million single-family and multifamily project is scheduled to begin in May 2004 with 190 multifamily rental units. The work is part of the Chicago Housing Authority's $1.5-billion Plan for Transformation.
IRVING, TX-Madison Realty Investors finds a taker for a 33,950-sf building within two weeks of the decision to split a trio for resale at a $37 per sf ask. Mastercraft Printed Products and Services quickly places a contract, ending a 17-month search for a supplemental site.
KISSIMMEE, FL-Texas-based FaulknerUSA wants Osceola County to raise its hotel bed tax to 6% from 5% to shore up a future public revenue bond issue that would finance the construction phase.
PHILADELPHIA-All American Screen Printing Machine and Supply pays approximately $700,000, or about $15.56 per sf, for the Jesse Jones Box Corp. building and will move from its current 7,000-sf headquarters on Ontario St.