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WASHINGTON, DC-The Washington office market continues to be a favorite among investors, as evidenced by Connecticut-based Broadway Real Estate Partners' $185 million acquisition of Washington Harbour.
HOUSTON-The popular discounter opens three stores in centers owned by New Plan Excel Realty Trust and one controlled by a private investor. The added locations, part of an ongoing nationwide expansion, total about 32,000 sf.
SOUTHFIELD, MI-A 64-room hotel, an automotive shopping center and a 12-unit apartment building are among recent transactions of the local office of Marcus & Millichap.
MIAMI-Harley W. Miller, president and co-founder of Fort Lauderdale-based Miller Construction Co., has been on the board of the South Florida chapter of NAIOP for eight years and has served on a number of committees.
AUSTIN-The new hire is Brandon Murphy, who's been assigned to an expansion and renovation of the Round Rock Medical Center and a data center renovation. His background includes stints at Centex and Weitz.
SCOTTSDALE, AZ-Corleone's Philly Steak stamps a 64-month lease for a 1,877-sf pad site in the 130,000-sf Northsight Village II at Butherus Drive and Northsight Boulevard. The new restaurant will open in six months.
SUGAR LAND, TX-The Simpkins Group bests several developers wrestling over the final block of industrial- and office-dedicated land in the 1,000-acre Sugar Land Business Park. The winner's plan is to subdivide and resell plus chase some build-to-suits.
ORLANDO-Diana Mucha, president of M & V Builders Inc., takes over from Alan Hicks of the Cordish Co. as the Associated General Contractors of Central Florida Inc. backs its national group in urging the IRS to withdraw a proposal to tax off-road, mobile machinery used on construction sites.
WHEELING, IL-A 127,400-sf building at 540 W. Allendale, located on 5.4 acres near the I-294 and Lake Cook Road interchange, is acquired to allow the company to relocate from nearby Des Plaines.
MIAMI-Demolition of some existing structures at the University Mall in Pembroke Pines, FL is set to begin March 6. The new $5 million redevelopment will include a 177,000-sf Lowe's Home Center and a refurbished shopping center, which is to be renamed Crossroads Square.