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MIAMI-Palm Beach Property Group LLC paid $138 per sf to Brandywine Centre II LP for the 61,900-sf office building in West Palm Beach, FL. Built in 1989, the property has averaged more than 92% occupancy levels.
SOUTHLAKE, TX-After 10 years of a land hold, Terrabrook has its players in place for the 550-acre Aventerra development. First out of the ground will be a 200,000-sf power center with a line-up as haute couture as Southlake's rooftops.
CANNES-Ken Livingstone has big ambitions for his Congestion Charge. In a speech at the MIPIM property show in Cannes, France, he announced he wants to double the existing zone in central London
CANNES-Deutsche Bank subsidiary DB Real Estate Germany came to the MIPIM property show in Cannes, France, this week, with 2.8-billion-euro ($3 billion) to spend
CANNES-Steven Podolsky, principal of Chicago based investor and realtor Podolsky Northstar, has signed a $20 million deal to buy the Concourse Office Plaza in the Chicago, Illinois, suburb Skokie
DALLAS-Turnage & Co., a 15-year tenant in Preston Center holds onto its prestigious address, but moves two floors up in 5949 Sherry Lane. Other deals have brought new faces to the Atrium in North Creek and 8080 N. Central Expressway.
SAN DIEGO-JMI Realty, Jackson & Blanc Mechanical Contractors and Role Construction will break ground on the chilled water production facility with an official ceremony to be held tomorrow morning. The project, which has a $16-million total development cost, is slated for completion in December of 2003.
CANNES- The Society of Industrial and Office Realtors chief economist says the outlook for the United States is excellent. Dr Jim Smith predicts a revival in office rents backed by a 4.2-pc GDP growth in 2003