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SEATTLE-IBM Corp. will continue to occupy 54,834 rentable sf on floors 7-11 in the 20-story Downtown office building, which is part of the six-block Metropolitan Tract that Unico Properties developed and manages in partnership with the University of Washington.
HOUSTON-An 88,000-sf warehouse on the east side of Houston lands a trucking company while an art frame supplier signs for 5,286 sf on the south side. One building owner is PAC Realty Trust and the other, Vantage Cos. Houston.
MIAMI-The 355-unit, market-rate, luxury rental community has 17 courtyard-style buildings located on a 20-acre site on Military Trail in West Palm Beach, FL. Units rent for $830 to $1,300 a month.
LAKE HAVASU, AZ-Epic Resorts has brought the 19,000-sf English Village to market, more than a year after it filed for bankruptcy. The half-filled, boardwalk-style retail sits on about 6.4 acres along the shore.
ANNAPOLIS, MD-The senior-housing market is looking good according to a third quarter 2002 market assessment released by the National Investment Center for the Seniors Housing & Care Industries.
PONTIAC, MI-The Salvation Army Advisory Council has split down the middle on spending $4.5 million to build a $16-million drug rehab facility on a former Kmart property.
HERNDON, VA-The Food Lion grocery store-anchored McLearen Square shopping center hits the market and sells for $11.5 million. The 78,000-sf strip center was built in 1997 and is currently 100% leased.
SAN ANGELO, TX-A Weatherford, TX developer restructures financing to improve cash flow and lower the interest from the rate in 1986 when Lake Nasworthy Estates were built. The 40-acre development is situated at 7702 Sentinel Circle.