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HOUSTON-Hutensky Capital Partners re-enters the Texas marketplace by shelling out $15.8 million in cash for Easton Commons Plaza, a 191,739-sf retail center with an occupancy above 90%. The buyer's looking to stake more Texas claims.
DENVER-Compared with the first nine months of 2002, the same period in 2003 shows a precipitous drop in the number of apartment building permits issued.
MILFORD, CT-Environmental Data Resources has decided to move its headquarters operations from Southport to more than 47,000 sf of space at 440 Wheelers Farms Road here.
DALLAS-The Barnes Group gets a sub-$3 per sf, double net rate for a 10-year deal to structure a consolidation of a longtime leased site in Arlington and one in Las Colinas picked up through a corporate takeover. The moves begin Jan. 1.
HARRISBURG, PA-Among the recipients of the more than $9.5 million in loans and tax credits is Anthony Wayne Senior Housing, a historic, four-story structure in South Philly that will be converted into 39 rental units.
PHOENIX-A couple exchanges several smaller apartment properties for the fully leased 24-unit West Winds apartments in an $860,000 off-market deal. The buy was the second multifamily purchase for the couple in recent months.
DENVER-The fired president of the local Convention & Visitors Bureau announces that he has joined his wife's consulting firm, at least until he decides to pursue a top position at another bureau.
DALLAS-PRG Realty Partners drums up the equity and inks a development agreement with America Medical Office for a 47,000-sf project on 1.4 acres at a "bull's eye intersection." Talks to date have prospects negotiating for 60% of the condo space.