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PHOENIX-The 1,100-acre, master-planned community will get a 324-unit luxury apartment community on a tract strategically set near Interstate 17 and Carefree Highway. Construction will begin before the year ends.
HOUSTON-Desktop Digital Printing holds firm to 6,338 sf while a group of attorneys renew a 2,723-sf office. Both offices are in class B buildings in the Galleria submarket, where signed leases are in high demand.
PASADENA, CA-A California couple found the perfect building in which to open a performing arts center for children. The pair purchased the 7,035-sf single story office property, once used as a laboratory, by outbidding other buyers with a $1.1 million offer.
ORLANDO-Area industrial real estate brokers in a position to know tell GlobeSt.com the deal between Florida's biggest independent vacation resort developer and the Baptist Church's best-known pastor will go down before year end in Polk County, about 55 miles south of Downtown.
CHICAGO-Residential redevelopment ranging from single-family to six-unit rental and condominium buildings is the goal in an area between 65th Street and 67th Place, Stony Island and Dorchester avenues.
LONDON-Interest in commercial property at auction is currently running at an all time high as private investors seek alternative means of maximising returns in a difficult economic climate, according to Jones Lang LaSalle.
WEST HOLLYWOOD, CA-West Hollywood's landmark House of Blues will get some new neighbors under a $60 million plan that calls for the creation of 35,000 sf of retail space along with a 139-unit condo and apartment complex. The development, the first of its kind for West Hollywood, will give the area an "Italian courtyard" feel, says the developer.
PHOENIX-Real estate veteran Eric Forshee has been appointed to the post of senior vice president and director of property services for Trammell Crow Co.'s Arizona region, continuing a duty he held since 2001 for the former Insignia/ESG.
LONDON-In one of the biggest office lettings this year in Bracknell, Berkshire, Sharp has agreed terms on a three-year lease for 10,000 sf of office space at 1 Arlington Square.