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SAN JOSE, CA-CineLux Theatres, which planned a springtime opening of an eight-screen cineplex at San Jose's former United Artists theater has ended negotiations with developer Forest City Enterprises.
HOUSTON-A machine shop operator beats out four others for the Omnibank offering. The four-acre tract contains a 3,600-sf office building and 19,309-sf warehouse in the city's northwest corridor.
PHILADELPHIA-The appropriation takes the National Park Service closer to its goal of buying 62 acres at the northeast corner of the 3,500-acre historic park from Huntington Valley, PA-based Toll Brothers, which bought it last June for residential development.
IRVING, TX-The 3,800 units in Houston, Dallas and San Antonio never came to market, but six months of courting wins a closing by Sendera Investment Group and equity partner, Overland Realty Capital. Lawford Real Estate Investments is the seller.
SAN DIEGO-In a move that will give BRE Commercial/NAI a significant brokerage presence in Downtown San Diego, the firm has brought on board broker Allan Arendsee and his five-person team.
DETROIT-The commissioners, while mulling a new and massive casino, express concern over the impact of its details--lot size and parking. The designers say not to worry--the plans aren't fully ready yet.
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.
BOSTON-The Democratic National Committee does a walk-through of 226 Causeway, a mixed-use project that is currently under construction. The committee is preparing for the 2004 Democratic National Convention and needs 200,000 sf for a media center.
TOKYO-The Luxembourg-based real estate investment firm acquires seven class A and B office assets here in joint venture with Merrill Lynch. The seller is a local Japanese property owner. Look for more Lend Lease deals in Tokyo over the next year.
DALLAS-Jeff Deweese departs as executive vice president and managing director while the four-member multifamily team is swept away by Hendricks & Partners. The actions are unrelated, but occur within days of each other.