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ATLANTA-The Raleigh, NC-based developer was selected by the federal National Archives and Records Administration to build a warehouse that will have 1.75 million cubic feet for text storage and 35,000 sf for training and conference rooms at SouthPark in Clayton County, about 20 miles south of Downtown.
DENVER-The state received the benefit of a good year in limited stakes gambling with the general revenue fund receiving $38.4 million of the proceeds and $25.47 million going to the state's historical society.
PORTLAND-A two-story, 150,000-sf store will replace the existing 121,000-sf, one-story complex at 7404 N. Interstate Ave. here. The existing store will close in phases during the fourth quarter. The new store will open for the 2004 holiday shopping season.
PHOENIX-The dream project, now being discussed, would cost $300 million, the bulk of which would come from city loans. One of the sites under consideration is land at Collier Center at the corner of Third and Jefferson streets.
WASHINGTON, DC-It is the end of the road for Marriott's involvement in the senior living real estate business as the company dispenses of its last Brighton Gardens assisted living communities in a $184 million deal.
CHICAGO-The City Council will likely approve Alderman Patrick L. O'Connor's effort to downzone residential properties in Edgewater, Lincoln Square, North Park, Rogers Park and West Ridge to stem the tide of multifamily redevelopment.
WATERTOWN, MA-A number of housing projects have been proposed that would significantly boost the city's affordable housing. That could make it immune to future Chapter 40B projects under a new threshold established by the state's Department of Housing and Community Development.
PHOENIX-The 70,174-sf former home to Bank One goes to a Chicago buyer to mark a successful repositioning by a local investment group that renovated and re-tenanted to deliver a 96%-occupied office building at sale time.
NORTON SHORES, MI-Horizon Group gets favorable rate on the refinancing of a corporate office building here. Verizon is the largest tenant in the building.