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TUALATIN, OR-Of the four appeals filed, one has been settled, two have been recommended for denial and one, related to methane emissions at the site, is prompting the Tualatin City Council to recommend what the developer was planning to do anyway--wait on building permits until there is direction provided by the state Department of Environmental Quality. The city council hearing is scheduled for later today, Sept. 8.
CHANDLER, AZ-A block of run-down buildings will be razed to make way for 60 townhouses and 36,000 sf of retail and office space on a six-acre tract at the corner of Chandler Boulevard and Arizona Avenue.
NEW YORK CITY-The first environmentally sustainable or "green" residential high-rise opens in Battery Park City. The Solaire is also the first residential construction to be completed in Lower Manhattan since Sept. 11.
NEW YORK CITY-Brookfield Properties has agreed to sell a 49% interest in 245 Park Ave. to the New York State Teachers' Retirement System for a whopping $438 million.
ROCKVILLE, MD-Leasing and management responsibilities for the 176,000-sf office property at 1801 Rockville Pike are awarded to Transwestern Commercial Services. The real estate services company takes the assignment for the six-story, class A building off the hands of Spaulding & Slye Colliers.
LONDON-Morris Homes has paid pounds 17 million ($27 million) for the 33-acre former Deysbrook Barracks in West Derby, Liverpool. It plans a mixed-use redevelopment including up to 400 new homes.
MINNEAPOLIS-University of Minnesota officials say the pledge, which is contingent on others matching it, will step up its efforts to raise money for a $150 million-plus on-campus stadium for the Gophers football team.
IRVING, TX-A La Jolla, CA seller releases the 94%-occupied Country Brook Apartments with a 10.5% cap rate to gather capital for a larger multifamily purchase in the Dallas area. The first day of marketing nabs a full-price offer.
NORTH ANDOVER, MA-A group of local investors managed by Ozzy Properties acquires a 169-acre property at 1600 Osgood St. in the Merrimack Valley from Lucent Technologies. The deal is being touted as a potential economic boon for the region.