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WEST ORANGE, NJ-The effort is part of a larger goal to create 20,000 spaces to help ease the state's chronic traffic congestion and spur economic development.
SAN DIEGO-Private investors Richard and Lavonda Jones acquire the multifamily building from Park Collwood Apartments LLC for $2.4 million. The property stands at 4501 Collwood Blvd. in San Diego.
EL CAJON, CA-Located at 1108-1112 Broadway in El Cajon, the retail property encompasses 12,780 sf. Its tenant roster includes Rally's Quick Stop, Dollarsmart and Auto Glass.
WOODLAND HILLS, CA-Fallbrook Center, one of the first shopping centers to open in the San Fernando Valley in the 1960s, is in the final leg of a two-year conversion from a traditional mall into an open-air center. Most renovated areas are now open for business.
BOSTON-The Massachusetts Turnpike Authority's controversial land sale of 91 acres in Allston to Harvard University is not a done deal yet. The Massachusetts Historical Commission is looking into how it can block the sale.
ALSIP, IL-CenterPoint Properties Trust agreed to lease 70,000 sf to Advertising Resources Inc. on a short-term basis last year. The Chicago-based contract repackaging company has returned the favor by taking the entire 260,000-sf building on a long-term deal.
BLOOMFIELD TOWNSHIP, MI-Four Army National Guard centers will be rebuilt if funding is approved through Congress. One circa 1842 Armory will be entirely replaced.
BEAVERTON, OR-The lease by Stealth Services Worldwide backfills a portion of the 100,000 sf that will be vacated in July by First Consumer's National Bank, whose parent company, Spiegel, has filed for bankruptcy.
LONDON-Construction is about to begin an a residential and retail development of the Millwall Fire Station site in Byng Street, Docklands. The project will also create a new fire station to serve the Isle of Dogs area.
FREDERICKSBURG, VA-Northern Virginia retail properties continue to demand attention from investors, as is evidenced by local firm Weinstock Properties LLC's recent purchase of the Fredericksburg Shopping Center.