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ATLANTA-The mixed-use loft conversion in West Midtown near Downtown is offering space in 112 units for as much as $200 per sf. The property housed the King Plow farm equipment manufacturing firm from 1902 to 1986.
DALLAS-The stack of deals range from 1,271 sf to 8,000 sf for properties as far north as Frisco to as far south as Temple, the newest location for close-out retailer Tuesday Morning. Regency Centers closes four in the stack for DFW properties.
CHICAGO-Owners of nearly 589,000 sf of O'Hare and suburban office space get close to $48 million in proceeds during recent refinancing of their properties. International Tower at 8550 W. Bryn Mawr Ave. is mortgaged for $29.5 million, at 75% loan-to-value.
IRVINGTON, NY-The owner of the Bridge Street office complex here reports construction work has begun on a $4 million project to build a new 24,600-sf speculative office building.
GARLAND, TX-The National Spirit Group cuts an early renewal for a 57,932-sf building along Merritt Drive and takes a 49,368-sf block of additional office/warehouse space along Shiloh Road. Both are long-term deals at First Industrial-owned properties.
TRENTON, NJ-The rules, which apply Category One (the strictest) status to nine reservoirs and six streams, are seen as shutting down development along 200 miles of waterfront.
PLANO, TX-The first shovel of dirt turns today on the newest headquarters facility in Legacy Business Park. The state-of-the art building, with a 20,000-sf clean room, will be ready to occupy in third quarter 2004.
WHEELING-A 43,160-sf building at 1400 S. Wolf Rd. in Corporate Square Business Park, currently tenantless, has been acquired by a new owner for $2.4 million from Podco 1660 Wolf Associates.
LEMON GROVE, CA-Seller Aimco Capital sews up the deal on the 150-unit, affordable multifamily property, which was snapped up by a private investor within just 48 hours of being listed.
ANNAPOLIS, MD-The Chesapeake Innovation Center, the nation's first incubator to focus on homeland security technology companies, is on schedule to offer its services and office facilities in a 24,000-sf space here. CIC will be ready to welcome new businesses in June.