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WASHINGTON, DC-A $1.7 million restoration is in store for the Gonzaga College High School, a Jesuit rectory that was built more than a century ago. With Tucon Construction Corp. as the project's general contractor, work is now scheduled to begin this June.
LONDON-Office take-up in the Western Corridor office market reached 411,000 sf in the first quarter of 2003 according to CB Hillier Parker's latest research. This was broadly in-line with activity over the previous six months.
SCOTTSDALE, AZ-The test drive is over for an add-on component that is believed to be the industry's only module for automatic calculations of property tax accruals. Its Arizona developers, ePropertyTax.com, is ready to hit the streets with the product.
DENVER-Angry over what it says is lax enforcement of city rules requiring union labor on current construction sites, the Colorado Building Trades Council wants to put a referendum on next November's ballot that would ask voters to decide whether there should be a new convention hotel in Denver.
WAYNE, NJ-The ShopRite supermarket-anchored property moves from LaSalle Investment Management's portfolio over to Crow Holdings in the wake of a transaction authored by Cushman & Wakefield of NJ.
BOSTON-Roseland Associates' mixed use project along the East Boston waterfront, which city leaders and local residents hope will revitalize the area, got its approval from the state's environmental office. The project involves 585 residential units.
BEVERLY HILLS, CA-The new tenant will take space in a direct lease from the building owner after Insignia/ESG brokers negotiate a lease cancellation for Hilfiger. Planned as a flagship location, the 18,500-sf lease carried a $15-million price tag.
HOUSTON-Venterra Realty Management and Lehman Brothers joint venture on a class B multifamily portfolio buy in the Houston region. A $5-million renovation is forthcoming for the three-property, 2,390-unit package.