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ARLINGTON, TX-Emptied a year ago, the building lands a new owner just as the city rounds third base for a Triple Freeport homerun. Great Southwest sources say the property brought close to its $1 million-plus assessment.
ORLANDO-The 40-year-old, former Chicago home builder, and three law partners in Alvarez Sambol Winthrop and Madson, pay billionaire Joseph Lewis and his associates $4.7 million per acre, or $108.26 per sf, for the rundown Downtown property that planners consider to be the redevelopment core of the central business district.
GLENDALE, AZ-The first hockey game is still almost a month away, but the public can get its first "sneak peak" at the new home of the Phoenix Coyotes. The team plays its first hockey game in the arena Dec.27 against the Nashville Predators.
DAYTONA BEACH, FL-Only 70% leased at funding, Minneapolis-based NorthMarq Capital arranged the 10-year, first mortgage on the 346,000-sf shopping center for Bellair Plaza Ltd. with Citigroup's Global Markets division.
DENVER-A veteran of the metro area's apartment industry predicts that the local economy needs to create about 60,000 new jobs in order to fill 15,000 apartment units and bring the market back to equilibrium.
LONDON-Private property company Antler Property Investments has paid pounds 10.25 million ($17 million) for a 30,000-sf office investment at 227 Bath Road, Slough, Berkshire. Then deal reflects a 7.75% yield.
BRIDGEPORT, CT-Modell's Sporting Goods will open a 19,000-sf store on Post Road in Bridgeport later this month, marking the retailer's entrance into the state of Connecticut.
BOSTON- The 55-year-old firm, which specializes in transactional law and litigation, is relocating from 100 Summer St. to the top two floors of the 31-story building. The firm signed a lease for 35,700 sf of office space.
PERTH AMBOY, NJ-The Landings, which is being developed by a Kushner Cos.' subsidiary, will eventually cover a 49-acre waterfront redevelopment site here with $600 million worth of mixed-use development.
CHICAGO-The 16,440-sf Jewish Children's Service Center at 6014 N. California Ave. and a 21,512-sf vacant lot behind it at 6015 N. Mozart St. are offered for sale at a $1 million minimum bid for each property.