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AUSTIN-In a rare show of all-round cooperation, the paperwork was expedited in 29 days for the Realtex Development project. Riverside Meadows became reality with $11.7 million in tax-exempt bonds, taxable bonds and 4% tax credits.
WAXAHACHIE, TX-A Dallas-based group closes on 1,420 acres southeast of Fort Worth, where the plan is to develop a complex for national and international events for motorcycles, cars, jet skis and boats. Ground breaks in March 2003.
SAN FRANCISCO-The City of San Francisco is seeking a developer to build a 400,000- to 500,000-sf building somewhere in the Civic Center area in order to consolidate city functions. The city hopes to choose a developer by the early part of 2003.
PHOENIX-A Milpitas couple wins the bid for a 61,692-sf general industrial building, home to Auto Safety House. The deal comes with a lease that's good through 2009. The holding was on the market two months before going under contract.
WAYNE, NJ-The Dallas-based computer reseller has given the assignment to move the two facilities, located here and in Nutley, NJ, to NAI James E. Hanson.
PASADENA, CA-Starwood Wasserman LLC of Providence, R.I. has developed three new buildings at the Shops on Lake Avenue, which will include about 25 retailers and three restaurants. Shops on Lake Avenue runs between Del Mar Boulevard and San Pasquel Street along Lake Avenue.
ATLANTA-After 10 years at one of the country's top REITs, Kelly Barrett starts a new career in retailing come January at locally based Home Depot Inc., where she will serve as the firm's controller.
SEAL BEACH, CA-A buyer from Arizona acquires the recently built, 144,726-sf neighborhood shopping center from a Phoenix-based developer. The property is fully leased at the time of the sale.
PORTLAND-Trammell Crow Co.'s urban retail team, Craig Sweitzer and Dan Bozich are leaving the company to establish one of their own. TCC has yet to name a Portland managing director since Chris Nelson left the post in July to start his own development firm and was joined by Jeff Sackett, then TCC's vice president of development.