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ORLANDO-The Charlotte-based company's new vice president and director of development steps into big shoes as Joseph W. Taggart retires at 63. Taggart was inducted into NAIOP's Hall of Fame last year.
DENVER-CHFA's loan production for 2002 through November totaled $226 million more than the entire year of 2001, and with one more month left to be tallied, CHFA is soaring above expectations.
MIAMI-The company sold 7.65 acres of industrial land in the Sawgrass Corporate Park in Sunrise, FL to Sandor Genet and/or Assigns, which may do a build-to-suit project or collection of full bay warehouses for sale or rent.
NATICK, MA-Domain will move into the Home Town Center that is currently being expanded and redesigned. The retailer of home furnishing and decorative accessories is taking 41,000 sf in the 46,000-sf building located on Route 9.
NEW YORK CITY-The newly formed partnership will target Manhattan and outer-borough sites for ground-up development of mid- to high-end condo and rental buildings. Look for about a dozen projects over the next five to seven years.
ATLANTA-Vanity Fairs Intimates LP is taking 83,699 sf for 10 years at the 135,000-sf, 94%-leased Windward Fairways I. Newly elected U.S. Sen. Saxby Chambliss (R-GA) is leasing 3,000 sf for six years at the Galleria Parkway 100.
BROCKTON, MA-Filene's will open a 140,000-sf store in the Westgate Mall in a former Bradlees location. The retail department store will be smaller than the standard Filene's and is part of the company's move to introduce a new format store.
CHICAGO-A northwest suburban condominium converter pays $7.2 million, or about $50 per sf, for a five-story loft building at 210 S. Des Plaines St. where the 244-unit Edge Lofts and Tower will be built this year.
CHICAGO-The largest US multifamily REIT will again be a net seller this year, says president and chief executive officer Bruce W. Duncan, although Equity Residential is becoming more competitive in bidding for assets that do come on the market.
AUSTIN-About 22,000 sf are retail sites, ranging from 950 sf to 1,500 sf, dotting the map from one end of town to the other. The expansion also drives a 13,500-sf lease for a warehouse along Rutland Drive.