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PHILADELPHIA-Ground is broken for a seven-story, 60-unit luxury multifamily rental building along the Schuylkill River bank at 3750 Main St. in the city's Manayunk neighborhood. Tower's owner, Bart Blatstein,
BEAVERTON, OR-The developer who acquired the once-bankrupt Downtown project says it will improve the third floor of a new and largely vacant five-story office building here for use as executive suites.
FORT WORTH-The push is on to renew tenants at the 1.5-million-sf City Center complex in the Fort Worth CBD. Duer Wagner III, a six-year tenant, has held onto its 3,000-sf office and four more on the roster are waiting to do the same.
SEATTLE-A principal with the Seattle-based international engineering firm tells GlobeSt.com that when the firm narowed the field to only Downtown buildings it had designed and that had sufficient contiguous space, they still had 12 different choices.
ORLANDO-REH Capital Partners LLC of Fort Lauderdale, FL paid an Arizona-based lender $4.7 million for the 144-unit, 10-acre property located at State Road 535 and U.S. 192, minutes from Walt Disney World and Universal Orlando.
PHILADELPHIA-Burdened by debt, strapped for operating cash and haunted by the ghost of a disappointing Christmas past, the King of Prussia, PA-based toy retailer plans to shutter more than a quarter of its stores. The majority are Zany Brainy locations.
ANAHEIM, CA-Ming International seeks a quick sale of its 19,995-sf center, which a private investor closes on within 30 days, according to Sperry Van Ness. At the time of the sale, Cabrillo Plaza was 62% leased to a dry cleaner and a number of other small businesses providing local neighborhood services.
TULSA, OK-The 224,557-sf Southeast Tulsa mall is 91% occupied with long-term tenants and the Dallas investors who sold the property were asking close to $12 million. Situated on roughly 22 acres, the facility includes parking for 1,200-plus vehicles.
FARMERS BRANCH, TX-The 11,369-sf signing takes the 128,271-sf Venture Tech Center in Farmers Branch to 85% occupancy while the new tenant, Pet Ecology Brands, gains more space in a relocation from nearby Addison.
LYNNWOOD, WA-Opus Northpointe Corporate Campus' first tenant to cut a deal has moved in. San Jose, Calif.-based Cypress Semiconductor Corp. plans to complete the transition to its new space by the end of the month.