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GOODYEAR, AZ-At least six offers rolled in for the 264-unit Palm Valley Luxury Rentals, but the brass ring went to a first-time metro Phoenix buyer. Investcorp's newest acquisition was 94% occupied at sale time.
LONDON-Despite fears that changes to the Danish tax regime would stem the flow of investment funds from Denmark to the UK, GVA Grimley has just won a mandate to invest over pounds 140 million ($220 million) here for Danish syndicates over the next two years.
MOUNTAIN VIEW, CA-Two brand-new office buildings on Mathilda Avenue in Sunnyvale are now on the market as a result of Handspring Inc.'s $350-million lease termination.
SAN FRANCISCO-As affordable housing creeps to the forefront of San Francisco's top priorities, Cox, Castle & Nicholson LLP adds two new partners to its San Francisco office.
PHOENIX-The Butler Co. has March marked for a move into 10,806 sf of industrial space at 4635, W. McDowell Rd. The rate and location were the determining factors for the three-year signing, the broker says.
MIAMI-The Massachusetts-based developer will use the funding--one of USA Capital's largest funding commitments--to develop The Surf Club II, a 196-unit condominium project planned for the Atlantic Coast in Palm Beach, FL.
ORLANDO-Gregory Golgowski will be responsible for the wildlife habitat management and education programs at the 11,000-acre mixed-use venture, 40 minutes south of Downtown Orlando.