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DELRAY BEACH, FL-Yomtob Investments LLC, based here, bought the 36,000-sf, two-story office building as an investment, according to a broker in the transaction. The building was built in 1987 and was 95% leased at the time of the sale.
BRECKENRIDGE-The new multimillion-dollar plan will foster the development of retail and residential space, plus almost 60,000 sf in new skier services facilities.
PIKESVILLE, MD-A new Barnes & Noble bookstore is nearly ready to open the doors of its 22,000-sf space at the Festival at Woodholme Shopping Center. The newest retailer in the 81,000-sf shopping center is slated to open on June 11.
BOSTON-City Mayor Thomas M. Menino and the Boston Redevelopment Authority issue a RFP seeking redevelopment of the Bates Arts Resource Center in the South End. It's the first ever issued by the city for development of artist work and live/work space.
CASCADE TOWNSHIP, MI-British-owned aerospace company purchased a 44,000-sf facility for an avionics laboratory. The firm plans to employ about 120 workers at the new second site.
GENESEE COUNTY, MI-A new three-story building will house staff and services for the Visiting Nurse Services of Michigan. Plans call for the move to be completed by March 2004.
HUNTINGTON BEACH, CA-A local buyer obtains the 20-year-old Beach & Adams Center from a Chinese investor who had owned it for 16 years. The deal's upside is tied to the 80% occupancy in a fast-growing area.