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PHILADELPHIA-Alec Monaghan's experience with Cushman & Wakefield's operations in Asia, Europe, Latin America and Canada adds clout to Binswanger's efforts to bolster business among multinational clients.
BOSTON-Beth Israel Deaconess Medical Center sells the Kennedy Building to Children's Hospital Boston for $28 million. Beth Israel says the sale is part of its recovery plan.
ATLANTA-DaimlerChrysler decides to hold off building a Sprinter van plant in Pooler, GA, near Savannah, after the state invests $24 million in buying the land and another $36 million in site preparation.
NEWPORT BEACH, CA-Health Care Property Investors also announces a $7 million real estate loan in addition to its acquisition of continuing care complexes from American Retirement Corp.
AVENTURA, FL-The upscale condo development here consists of two 30-story, 223-residence towers. Prices range from the $700,000s to $2.9 million. The homes range in size from 3,000 sf to 3,900 sf, with penthouses as large as 6,900 sf.
CHELSEA, MI-Planners approved expanding the business district as part of a plan to redevelop historic buildings into office and retail spaces. When completed, the Clock Tower complex will have 190,000 sf of mixed-use space.
ENGLEWOOD, CO-The new 82,000-sf facility consists of one large building housing administrative offices, a second building containing two ice-skating rinks and the third building housing three swimming pools.
CHICAGO-The Chicago Sun-Times needs 70,000 sf to 120,000 sf by next summer, when its plant at 401 N. Wabash Ave. is demolished to make way for the $650-million, 2.4-million-sf Trump International Hotel & Tower.