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MINNEAPOLIS-The two partners had invested $55 million to reposition to the Radisson Aruba Resort & Casino. The investment in the resort is part of Radisson's growth strategy in the Americas.
HOUSTON-Freight forwarding company, Leschaco, takes 5,545 sf at 15355 W. Vantage Parkway in the North Belt submarket while Pauze Asset Management signs for 2,620 sf at 14550 Torrey Chase Blvd., a neighbor to its old address.
HOUSTON-International Logging of Sacramento settles on Bondesen Tech Center in the northwest submarket for its first location in the city. The firm, eyeing occupancy by year's end, will import some manpower and equipment from its homeport.
PEABODY, MA- North Shore Orthopedics buys a medical office building at the North Shore Mall for $5.5 million and plans on converting the 50,000-sf facility into an ambulatory surgical center.
LONDON-Canary Wharf has backtracked on earlier denials that founder Paul Reichmann is in talks to take the company private. Apparently at the insistence of the Takeover Panel it has now confirmed that Reichmann is discussing a role with potential bidders for the group.
ATLANTA-Coca-Cola Enterprises Inc.'s biggest competitor is building a headquarters office building, distribution warehouse and maintenance facility at a total hard cost of $12.5 million, according to tentative development plans filed with the Henry County building department.
SEATTLE-Fox Sports and B&B Restaurant Ventures of Westlake Village, CA will open a large-format sports bar at Sixth Avenue and Pine Street Downtown later this fall. The duo is spending $1 million to build out the basement space.
HOUSTON-Siderca Corp. will move into the seventh and eighth floors in October, signing a seven-year lease for 2200 West Loop South. That and two smaller deals pushes occupancy to 62% from 40%.
CHICAGO-The 306,422-sf neighborhood center just south of the Brickyard Mall, which is being redeveloped as a lifestyle center, is refinanced based on a market value of nearly $28 million.