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PALM BEACH GARDENS, FL-Wisperwood Village Development LLC bought Wisperwood Village in Kendall and 1951 Brandywine LLC bought Fairway Vista in West Palm Beach. The seller of both complexes was locally based Jennings Construction Corp.
SAN DIEGO-San Diego County's economy continues to hold steady, as recent research by the California Employment Development Department reports that the unemployment level here has dropped from 4.4% in August to 4.1% in September.
LOS ANGELES-Real estate investment trust AIMCO moved up to a more prestigious address when it inked a 66-month lease on 20,000 sf of space at the Howard Hughes Center. In a separate deal, the trust leased its former offices to a Medical Group for the tenant's new headquarters.
DENVER-Real estate activity is improving along the city's southeast office corridor, according to a report from the CB Richard Ellis office team for that part of town. Through third quarter 2003, the net absorption was a positive 181,000 sf.
ISELIN, NJ-DMJM+Harris Inc. signed its first lease at Woodbridge Corporate Plaza here back in 1981, when it was known as the Frederic R. Harris Co. The original lease was just 5,000 sf.
MIAMI-Residents plan to move into the 199-residence loft condominium development Downtown this December. The developer is locally based Neo Concepts LLC, which also is developing NeoVertika, a 443-unit loft condominium project in the city.
MINNEAPOLIS-The plan includes a $35 million settlement with the Shaw Group of Baton Rouge, LA, over work done on a power plant project in Holmesville, MS.
ATLANTA-Determined to save pristine riverfront land from commercial development, the Georgia chapter of the Washington, DC-based Trust for Public Land pays $19,789 per acre for two parcels along the headwaters of the Chattahoochee River.
BRANCHBURG, NJ-Roche Molecular Systems will occupy all of Branchburg II within Murray Corporate Center. The company joins another biotech firm, LifeCell, in the Murray Construction property.