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DALLAS-The strategy is patterned after successful Transwestern teams in Central Texas and the Mid-Atlantic. Three months ago, Atlanta was pulled into the play and now it's Dallas/Fort Worth's turn. Four more teams possibly will be added in 12 to 18 months.
PORTLAND-The 31-acre master-planned project will transform underutilized industrial land into a dense neighborhood of view-rich condominium, apartment and office towers.
HOUSTON-For the next two years, the name is Trione & Gordon-CBRE and then it's just CB Richard Ellis. Under the deal, Trione & Gordon is in charge of tenant representation and corporate services in the city and the lead for CBRE's global energy practice.
PHOENIX-The Phoenix Stockyards, once one of the world's largest, will be converted into a 99,000-sf office and industrial project as developer, the Jokake Cos., pursues a historic designation for the existing 20,000-sf structure. Work begins in 2004.
NEW YORK CITY-A property considered to be a "media hub" because it is home to the likes of the Associated Press, New York Daily News and WNET/13, has been acquired for $320 million.
SAN MATEO, CA-The real estate private equity partnership secures a little more than $38 million for Park Place at Bay Meadows, which includes a 186,529-sf class A office building, a 62,922-sf Whole Foods-anchored retail center, 19 upscale residential condominiums and a 20,876-sf free-standing health club.
MIAMI-Curves for Women Fitness Center, Il Rio Cafi and Mobil Art furniture store have committed to taking space on the ground floor of The Aston on Coral Way, a 15-story luxury condominium development here.
NEW YORK CITY-The third quarter has proven to have the highest quarterly transaction volume recorded during the last eight quarters, while mall investment activity continued at a frenetic pace.
WHITE PLAINS, NY-Wilson, Elser, Moskowitz, Edelman & Dicker LLP, has signed an expansion lease deal for 18,000 sf of space at 3 Gannett Dr. here, which increases the firm's leased space at the 160,000-sf property to 92,000 sf.
LONDON-Cromwell Holdings has sold the freehold investment in SGS House, London Road, Camberley, Surrey for pounds 4.1 million to reflect a net initial yield of 7%.