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FARMINGTON, CT-Ginsburg Development Cos. of Hawthorne, NY reports it has received municipal approval for its proposal to build a 44-unit luxury housing community called "Chimney Hill" on a vacant 36-acre parcel here.
GRAND PRAIRIE, TX-Wheels Specialties Ltd., based in Baltimore, stamps a three-year lease for 11,825 sf at $3 per sf triple net for its first distribution site in the Southwest US. The Grubb & Ellis national client opens doors Sept. 1.
DAYTONA BEACH, FL-The 75-year-old, 764-bed, 300,000-sf facility plans a multi-phased new main campus on the west side of the city after contracting to buy 230 acres from locally based Consolidated Tomoka Land Co. for $82,608 per acre.
AURORA, IL-Chicago-based AMLI Residential Properties Trust now is sole owner of the 464-unit AMLI at Oakhurst North at Eola Road, and Liberty Street as well as the 400-unit AMLI on Spring Mill in Carmel, IN.
BINGHAM FARMS, MI-Malan Realty Investors has reported that net assets for the firm increased by $738,000 in second quarter 2003. The self-administered REIT is now in the process of a complete liquidation of its assets.
ORLANDO-The Coral Springs-based developer expects to break ground in September on a 1,341-acre tract within the 38,000-acre Horizons West development, minutes from Walt Disney World's 30,000-acre empire in southwest Orange County.
PORTLAND-The locally based multimedia holding company renews its 10,000-sf lease at Pioneer Tower, the 16-story office portion of The Rouse Co.'s office, retail and entertainment complex Downtown.
MIAMI-The industrial and office leases total about 82,375 sf and are estimated to be valued at approximately $2.64 million. The 2.3 million-sf mixed-use park here is about 94% occupied.