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DENVER-DW Mail put their stamp of approval on a 5-year lease at Crossroads Distribution Center, relocating from their previous home in the Inverness Business Park.
BOSTON-Governor Mitt Romney is leaping into the fray over the state's controversial affordable-housing law, which housing advocates support despite allegation that developers exploit the legislation to get proposals approved.
FOUNTAIN VALLEY, CA-Woodside Investment of LA sells a 50,411-sf, single-tenant building to a private investor from the San Francisco Bay area. The tenant's long-term lease and reputation brought out a bevy of bidders.
ATLANTA-The Oak Brook, IL-based REIT paid $13.05 million for the 29-year-old, 121,774-sf Market Square Shopping Center in Douglasville, GA and $10.88 million for the 15-year-old, 105,321-sf Springfield Park Shopping Center in Lawrenceville, GA.
AUSTIN-Weil, Gotshal and Manges heads into a 4,000-sf office in the northwest submarket instead of the CBD, a favorite landing ground for law firm newcomers. The firm signs for three years at the Westech 360 building.
PHILADELPHIA-Rulings by two separate courts could tip Center City's odds of ever obtaining coveted prizes on its wish list: a $464-million expansion of the troubled Pennsylvania Convention Center and creation of the $150-million Barnes Museum on Ben Franklin Parkway.
NEW YORK CITY-After five years of overseeing business development at the WTCA, Robert DiChiara has been promoted to executive vice president of the not-for-profit organization. He joined the organization in 1997.
SANTA ANA, CA-Caribou Industries pays $2.8 million for Bank of America's one-time main branch in Orange County. The plan is to convert it into the Santa Ana Performing Arts Pavilion, a 500-seat entertainment venue.
LONDON-The Sager Group, a London-based international development company has bought a 70,000-sf former power station in Chelsea, South West London for a new residential development.
MESA, AZ-The Sacramento buyer uses a 1031 Exchange to acquire the 31-unit property, with just one vacancy. The private investor plunked down the closest offer to the asking price for 425 N. Vineyard St.