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SEATTLE-Two residential-over-retail developments proposed for the Ballard neighborhood--one containing 60 units and the other 55 units--will be scrutinized by the city's Design Review Board next week.
BRYAN, TX-A Dallas-based investment group buys the one-year-old Signature Park in Bryan-College Station or better known as home to Texas A&M University. The property was sold in four months following heated bidding for the 94%-occupied premier asset.
DENVER-The largest retail deal in Colorado this year, scheduled to close later this month, will transfer two outlet malls in the state from Baltimore-based Prime Retail Inc. to Calgary-based TGS Properties North American Real Estate Investment Trust.
STAMFORD, CT-The Arch Insurance Co. has expanded its presence in lower Fairfield County by leasing 20,000 sf of space at the First Stamford Place office complex here. The new offices were formerly occupied by public relations firm Brodeur Worldwide, which relocated its operations to Wilton.
SAN DIEGO, CA-The number of permits sought for new condominium units in San Diego County has shot up dramatically from last year, according to a recent report on the region.
PHOENIX-Neil Sasinowski of San Mateo, CA takes over the 88%-occupied Third Street Professional Building along Third Street and the 96%-occupied El Dorado Square along North 16th Street. The seller is looking to invest in larger properties.
TEMECULA, CA-The $7.5 million acquisition of 106,000 sf in the city's original industrial area closes in eight days to meet a requirement of the seller to close quickly. One of the buildings was constructed in 1975 and the other in 1996.
ORANGE, CA-Landmark Equity Partners acquires the 20-unit property for $1.45 million in a 10-31 exchange that was contingent upon the brokers finding an upleg for the seller.
LONDON-Stannifer subsidiary Union Square Developments has started site works on its 550,000-sf mixed-use retail and leisure development in the centre of Aberdeen, Scotland. The 22-acre scheme is the largest project of its type currently underway in Scotland.