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DALLAS-National City Mortgage picks Lakeside Square as its Dallas consolidation site in an early renewal and 20,000-sf expansion. The Park Central building was in head-to-head competition with garden-style properties.
ATLANTA-The California investor, who sold his 18,000 Atlanta multifamily units in 1997, buys the 18-month-old, 180-unit Grayson Park apartments near Emory University Medical Center in suburban Decatur, GA for $17.4 million or $96,667 per unit.
CANNES-With England's football team still reeling from its defeat by Australia (Australia!), the beautiful game will get a welcome shot in the arm from the new-look Wembley Stadium in London
HAVERHILL, MA-Hans Kissle Co. acquires a 17-acre parcel at 3 Fiber Tech Center from Marwick Associates. The Wilmington, MA-based salad manufacturer plans to use the site to develop a 111,000-sf food processing plant.
SAN FRANCISCO-In the largest lease the CBD has seen in a couple of years, the locally based international law firm Orrick Herrington and Sutcliffe leases the top four floors of a new 10-story Downtown building developed by Wilson Meany Sullivan for Equity Office Properties.
DALLAS-ValWest Park lands one new tenant in a trio of signings, which also brought two renewals and an expansion across town. The inbound tenant was packing boxes as ink dried to get out the door at the behest of the state.
PHOENIX-Vocational Diagnostics clears a 64-month lease with a term value of $294,758 for the move into a newer location at National Bank Plaza. The deal was sealed because the tenant was looking to upgrade, says one of the brokers.
TRENTON, NJ-The latest version of the McGreevey administration's effort to control sprawl adds 300,000 acres to the "green" zones--those areas in which development is encouraged.