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WALTHAM, MA-Three long-term leases are signed at Waltham Weston Corporate Center, a 300,000-sf six-story office building owned by Boston Properties. The deals total more than 72,000 sf of activity.
SAN FRANCISCO-The locally based operator of the most heavily trafficked commercial property listing service launches LoopNetLand, a new Web site dedicated to land for sale in the US and Canada.
IRVINE, CA-The Newport Beach development firm expects to break ground early next year on the 8.9-acre site at Irvine Spectrum, which will be designed for small owner-users.
ST. PAUL-Lebanon Valley Place in Apple Valley and Talmadge Pointe Apartments in Vadnais Heights win grants to help in the production of housing, including affordable housing.
DALLAS-In his 20th consecutive forecast for Dallas, Dr. Ray Perryman says Texas has "turned the corner." The lag time for a commercial real estate recovery will be nine to 12 months this time and not the 18-month norm.
NORTHBROOK, IL-Investors involved in Section 1031 exchanges trade in land and multifamily assets in favor of Sunbelt buildings leased to Walgreen's, Eckerd's and Applebees in four deals totaling $11.6 million.
AVENTURA, FL-Aventura Marina, a 378-residence luxury, bayfront community planned here, is set to break ground in the first quarter 2004. The project takes the step forward as the Related Group becomes managing partner in the joint venture with the Easton Group.
WASHINGTON, DC-The demand for class A office space in the District is higher than in most metropolitan areas, and developer Akridge plans to accommodate that need with a development that could be as large as 2.9 million sf.
SCOTTSDALE, AZ-Locally based Mark-Taylor Realty is bolstering its staff with the addition of seven new realtors. The new hires come from diverse backgrounds that include a licensed builder, a lawyer and an accountant.