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GLOUCESTER CITY, NJ-The sprawling waterfront complex is being put on the market by a group of bondholders who bought it out of bankruptcy earlier this year for $108 million.
NEW YORK CITY-The Seagram Building proves it's still among the most sought-after corporate locations in Manhattan with 12 new and renewed leases for the property being announced this week.
NEW YORK CITY-Showing its commitment to Lower Manhattan, Vornado Realty Trust sinks $30 million into 20 Broad St., acquiring the remaining 40% interest in the property which it did not already own.
BEAVERTON, OR-The global consortium of technology companies leases 12,500 sf in a 90,000-sf office building that anchors a new retail, commercial and residential community in Downtown Beaverton.
SEATTLE-The private arts college, which is relocating to Downtown, pays $4.6 million for a 42,000-sf mixed-use building at Ninth Avenue and Lenora Street that will serve the school's future growth needs. Cornish last year acquired the 118,000-sf, seven-story office building at 10th and Lenora that will become the school's main building.
DALLAS-Pryor Blackwell, Chuck Anderson and Tom Leiser have hit the ground running as Bandera Ventures Ltd. The partners say they'll plant a Bandera flag on their first property before the year ends.
TRENTON, NJ-The Business Employment Incentive Program, credited with helping create thousands of jobs, will come under the microscope of a group of public and private sector leaders, including some of the state's top real estate people.
BURBANK, CA-Overall statewide construction rises to 10.5% because of residential building, but the commercial sector continues to slump, the Construction Industry Research Board reports.
PARSIPPANY, NJ-Located within Fox Hill Industrial Park, the facilities' combined 160,000 sf is fully occupied by three tenants. Cronheim arranged the funding for owner Walsh Drive Associates.