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DALLAS-Purebeauty starts with five locations, four of which are locked down with five-year leases in Dallas and Houston. It's the beauty lifestyle retailer's first wave of its largest expansion outside its home state of California.
ESCONDIDO, CA-La Caze Development Co. is using the capital to refinance its 255,000-sf, grocery-anchored shopping center, in a move that will allow the Escondido Village owner to add value to the property.
DALLAS-Haynes and Boone settles a one-year chase by Austin building owners for the 31,000-sf lease. One American Center, where the firm's had its Austin office for 15 years, gets the deal with a move from the 16th floor to the 13th and a major overhaul.
IRVINE, CA-The CT Realty president receives the annual Lifetime Achievement Award from the university's graduate school of management. With the accolade, he's in the company of George Argyros, Donald Koll, Ronald Birtcher and John Parker.
MIAMI-The developers of Metropolis at Dadeland, an under-construction project consisting of two 25-story towers, and Downtown Dadeland, a $140 million mixed-use complex, presented plans to the top 250 real estate professionals here.
WASHINGTON, DC-The American Red Cross has a new place to call home, well, sort of. Clark Construction Group wraps up the development of a 750,000-sf headquarters complex, which joins previously-existing buildings with a new office tower.
LONDON-Terrace Hill Group has started construction of its pounds 18 million ($30 million) Queen Elizabeth Park mixed-use development in Guildford, Surrey.
ATLANTA-Although the tally is unofficial, Post Properties' chairman Robert C. Goddard tells shareholders attending the development company's annual meeting today that its six directors seeking re-election have been re-elected by at least 65% of the votes cast.
SCHAUMBURG, IL-Not only does the pharmaceutical company extend its lease term at the Woodfield Corporate Center, it also adds 20,000 sf within Hines Interests' 117,200-sf building.
ATLANTIC CITY, NJ-GMAC Commercial Mortgage Corporation (GMACCM) has arranged $55 million in fixed-rate permanent financing for an 843,000-sf Atlantic City retail power center.