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CHICAGO-Nearly $15 million in tax increment financing could be used to redevelop the Edgewater Medical Center, which sits vacant on an 8.6-acre site on the 5700 block of North Ashland Avenue.
BOSTON-Arnold Worldwide sublets a total of 28,000 sf of space at 2 Copley Pl. in the Back Bay area. The space represents three separate deals in which Painted Word took 12,000 sf, GenuOne took 10,000 sf and CSN Stores took 6,000 sf.
CHICAGO-A 15,000-sf building at 4400-28 N. Broadway is fully occupied by 13 tenants, but the master developer of the Wilson Yard site could redevelop the retail space and build multifamily units above the existing one-story building.
GRENNWOOD VILLAGE, CO-The country's largest manufactured housing landlord has reported a 2 cent per share drop in net earnings in the second quarter of 2003 (compared with a year ago), but the figure may be academic if Hometown America's purchase of the company goes through.
OAKLAND, CA-The commercial real estate firm has signed a 10-year lease for 9,055 sf on the building's 9th floor. The firm's existing space at 155 Grand Ave. is being absorbed by the Port of Oakland.
TROY,MI-A French auto parts supplier has leased almost 14,000 sf in Troy for a new consolidated North American headquarters. The company formerly occupied several locations in Rochester Hills.
STAMFORD, CT-Reckson Associates, in its first acquisition in the Westchester/Fairfield County market in four years, has acquired 1055 Washington Blvd., a 181,800-sf office building for approximately $32.7 million in cash and stock.
PORTLAND-The owner and operator of a public warehouse next to Terminal 6 plans to construct and operate a new facility on the 13.52-acre site to handle both domestic and international products.