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LA VERNE, CA-Brethren Hillcrest Homes is expanding the senior housing at its 33-acre site, now home to 370 residents. Hillcrest Village Homes is a four-building, 167,000-sf development, with an 11,000-sf aquatic and fitness center.
SEATTLE-A senior vice president for TCC, Pehl will remain Alliance Director for TCC's Group Health Cooperative account and continue to service other key investor and corporate relationships in the Seattle area.
BOSTON-The MCCA signs a contract with Starwood Hotels to develop a 1,120-room headquarters hotel for the Boston Convention & Exhibition Center. The first phase of the hotel involves 800 rooms and an estimated $170 million.
ACTON, MA-Tatara Systems, which develops access technologies, leases 8,700 sf in a sublease deal from Tenor Networks at 100 Nagog Park. The building is part of a 10-building complex which totals over 500,000 sf.
PORTLAND-The 34-store regional chain gives up on reorganization and will begin auctioning leaseholds at the end of the month. "This is not necessarily a bad thing," a local retail broker tells GlobeSt.com. "There are a lot of center owners that would like to get rid of their Emporiums.
WEST ORANGE, NJ-Before addressing economic and market concerns, panelists at the group's forecast event took on one of the region's biggest news stories: merger talks between CB Richard Ellis and Insignia Financial Group.
WHITE PLAINS-DLC Management Corp. has approximately 800,000 sf of retail space under contract to buy in markets such as Atlanta and Washington D.C. and hopes to close on the deals during the first quarter of this year, according to company officials.
DENVER-Two Trammell Crow brokers put their negotiating skills to the test and passed with flying colors by saving Crescent VII and VII from near 80% vacancy by renegotiating and expanding several key tenants' leases.