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PEMBROKE PINES, FL-The development would consist of 440,000 sf of office space, retail and restaurant space, 600 town house and apartment units and a 120-room hotel and other gathering places. The city's price tag: about $46 million.
NEWARK, NJ-The international law firm will take over an entire floor at 3 Gateway Center, a 19-story, 478,500-sf class A downtown building. Staubach and GVA Williams arranged the deal.
ATLANTA-Former Post Properties Inc. chairman John A. Williams, who owns about 8% of the 32-year-old REIT's stock, anticipates new acquisition interest in the New York Stock Exchange-traded company by year end, according to a published report.
CHICAGO-Alliance Residential Management will run the day-to-day operations of the class-B assets acquired by the fund, while an affiliate does the necessary upgrades needed to turn them around.
WYANDOTTE, MI-Bank's new headquarters will go up on the site after a 91-year-old Coke facility is torn down and the location cleaned up through the assistance of tax incentives.
LEWISVILLE, TX-A Salt Lake City developer gets $1.6 million for an automotive center in Lewisville while a Dallas-area developer takes out two loans for more than $2.7 million to buy a 54-year-old Dallas building and a Fort Worth convenience store.
PHOENIX-The state's largest pool builder will consolidate several metro Phoenix locations into 164,290 sf of industrial space at 3750 W. Indian School Rd., an 18-acre site with plenty of office and storage. The lease is valued at close to $6.8 million.
LONDON-At a time when supply is under pressure, demand for out-of-town retail space is still increasing, with a 112% uplift in demand in the past 12 months according to a new survey from Focus.
POMPANO BEACH, FL-The accounting firm, which paid GJ&T Holdings Inc. of Palm Harbor, FL, $875,000 for the 7,912-sf building, is making the site its corporate headquarters.
PORTLAND-Kaiser Foundation Health of the Northwest has renewed the leases for four of its medical groups in the building that was converted from an abandoned Montgomery Ward warehouse in 1984.