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BOSTON-One Brigham Circle, a 190,000-sf mixed-use development project being brought out of the ground by a New Boston Fund Inc. JV, has signed on Stop & Shop, Walgreens, Fleet Bank and Citizens Bank as retail tenants.
DALLAS-Mediation between the two, with Boston's Spaulding & Slye on the sidelines, could start within six months. IDI wants repaid brokers' commissions for a 100,000-sf build-to-suit. A bankrupt tenant and the meaning of "occupancy" fan the fire.
WHITE PLAINS, NY-EastRidge Properties reports it has signed seven lease deals totaling more than 50,000 sf during the first quarter of this year at its portfolio of office buildings here and in Harrison.
SAN DIEGO-Burger Construction kicks off demolition at 3332 Greyling Dr., which is the planned site of the new Sav-On Drugs store. The retailer will replace Henry's Marketplace as anchor tenant in the Serra Mesa Shopping Center.
LONDON-Six Continents, the world's biggest hotel group, has rejected a pounds 2.8 billion ($4.4 billion) bid for its pubs and restaurants business, according to company reports. The offer came from an undisclosed financier.
WHITTIER, CA-The Cerritos-based investment firm sees substantial upside in the 36-unit multifamily property, which it acquires via assumption of a conduit loan. The complex was traded with a low leverage loan assumption.
BOSTON-A recent seminar hosted by the National Association of Industrial and Office Properties had representative Daniel Bosley and Gary Loveman of Harrah's Entertainment debate legalizing casino gambling here. Harrah's is eyeing Massachusetts for a casino site.
CHICAGO-Multifamily developers receiving city financial assistance will have to set aside up to 20% of the units in their projects priced to buyers earning less than the area median income or renters earning less than 60% of the median income.