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AUBURN, WA-According to the Muckleshoot Indian Tribe, the White River Amphitheater in Auburn has overcome its final hurdle and will open according to schedule.
MCLEAN, VA-Leaving Falls Church, VA for McLean, Capital One Financial Corp. settles in at its newly built 535,000-sf corporate headquarters off I-495. The 28-acre property, which is now home to 950 Capital One employees, boasts plenty of room for growth.
SAN DIEGO-Locally based IDEC Pharmaceuticals Corp. is set to break ground this Friday on its 42.6-acre headquarters project in the University Town Center area of San Diego.
SAN LEANDRO, CA-McMahon Development Group is working with the City of San Leandro to build a 21-acre eco-industrial park, which will be one of the first in the United States.
CEDAR KNOLLS, NJ-Greenwich Home Mortgage has grown its presence to more than 18,600 sf at Geometry Realty's Cedar Knolls Corporate Center after a lease transaction arranged by GVA Williams.
PHOENIX-The Brentwood II Apartments are taken over by Cal State Investments Ltd. of Palos Verdes. Several bidders were jockeying for the well-maintained, class C asset at 6805 N. 27th Ave. property. It was 91% occupied at sale time.
LONDON-An Irish property company has paid more than pounds 10 million ($16 million) for an office and retail investment property in Acocks Green, Birmingham. Agent Lambert Smith Hampton predicts this will be the first of many Midlands deals this year by investors from across the Irish Sea.
LONDON-The strong capital growth experienced in UK commecial proeprty during 2002 seems to be running out of steam, according to the Insignia Richard Ellis monthly Index for January 2003, with values falling for the time in a year.
ALAMEDA, CA-Affordable housing developer, Resources for Community Development, may get final approval to build a 52-unit affordable housing complex on former naval property this week.