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ST. CHARLES, IL-LaSalle Bank tells Sheldon Good & Co. Auctions LLC it will take the best sealed bid offer next month for its 53-room hotel, which it acquired through a foreclosure on $3 million in loans.
BELLEVUE, WA-The creator of CD-Rom games aimed at young females is relocating from 2,800 sf in the 520 Corridor area of Bellevue to 7,100 sf on the south side of the Bellevue CBD.
NEWPORT BEACH, CA-Frederick J. Stemmler of Hopkins Real Estate Group is named division alliance co-chair for 2003-04 by the International Council of Shopping Centers. He gets the Western US as his territory.
SAN DIEGO-Design is currently underway on La Jolla Pacific Development Group's new mixed-use project, slated to rise at 3744 Park Blvd. Construction is scheduled to begin in the upcoming fourth quarter.
MELVILLE, NY-Polar Electro Inc., a producer of heart rate monitors, is relocating from Woodbury, NY to the iPark Lake Success complex here. Taking 51,500 sf, this deal falls on the heels of a recent L.A. Fitness transaction completed at the same location.
PORTLAND-The Northwest Energy Efficiency Alliance's BetterBricks commercial buildings initiative is seeking possible locations for development of a demonstration High Performance Workplace.
PEORIA, AZ-Six investors face off over the suburb's only Hooters, a 7,000-sf new building that unlocked doors just a month ago. A California investor won the prize by coming the closest to the $2.7-million asking price.
PEORIA, AZ-Auto Re-New, Stand Up MRI and Brewer Plumbing stake new territory with leases that range from five to 10 years. The trio of deals takes occupancy to 80% and climbing as three more wait in the wings to sign final pacts.
DETROIT-Renovating vacant buildings into eclectic living areas is finally catching on in the area, says a loft builder, who's working on numerous projects in Detroit.
NEW YORK CITY-Securing Manhattan's buildings from future terrorist attacks can cost anywhere from 10 cents to $1 per sf for existing structures and 10% to 20% extra for new construction, industry experts assess.