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JACKSONVILLE, FL-The 32-acre Southside hospital campus expects to break ground in two months on a 250,000-sf hospital and an 80,000-sf physicians' office building in the 1,022-acre Flagler Center at Interstate 95 and Old St. Augustine Road.
MIAMI-The 5.76-acre property just received zoning for 45,000 sf--of which 30,000 sf is zoned for retail and 15,000 sf for office space. Bonita Boardwalk Inc. sold the land for about $365,439 per acre.
ATLANTA-John A. Williams, the apartment REIT's largest shareholder and the company's former chairman, wants to regain control of the 32-year-old firm he founded and has told the SEC he will be asking stockholders to vote on five new directors at the May 22 annual meeting.
SAN FRANCISCO-BT Commercial partner Michael Kamm tells GlobeSt.com he is not selling the company to CB Richard Ellis and that the merger would be a joint venture partnership, though the BT brand would eventually disappear.
ORANGE COUNTY, CA-Plastics firm WDI Industries buys the 8,025-sf Irvine property while a private trust buys a 7,127-sf San Clemente industrial building. One building is empty and the other's leased for the long term.
PLEASANTON, CA-With an option due to renew a synthetic lease agreement for some of its properties here or acquire them for their cost of construction, the software firm opts for the latter. A similar synthetic lease comes due in September that would cost $105 million to buy out.
CHICAGO-Units in LR Development Co. LLC's building in the 5,000-unit Lakeshore East development will have Lake Michigan, Millennium Park, Grant Park or the Downtown skyline.
DENVER-The local business community is worried that the move to kill the convention hotel Downtown will cost Denver and its businesses a lot of money, for many years.
SAN DIEGO-San Diego Mayor Dick Murphy announces the appointment of new members Jerry Schaefer and Abel Silvas to the Historical Resources Board, as well as the reappointments of current members.
HOUSTON-A division of an ecological consulting firm has moved into 6922 La Paseo Dr. in South Houston, signing a medium-term lease for a structure that's been empty for a year. The owner has now hung a "no vacancy" sign on the two-building asset.