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LONDON-Pharmaceuticals group Wyeth has sold its former research and production facility in Dublin to The Zoe Group, one of Dublin's largest apartment builders.
ATLANTA-The locally based REIT, which is being acquired by Miami-based Equity One Inc. in a $730 million stock-debt deal, logged nine-month fully diluted funds from operations of $31.9 million.
FORT WORTH-Greenway Investment says it's a no go on the 45-acre Montgomery Ward complex in a hot redevelopment pocket of Fort Worth. It's the second contract to fall out in two years. But, it's not destined to be a white elephant, GlobeSt.com is told.
DANVERS, MA-The town edges closer to its 10% affordable-housing requirement as it approves a 258-unit apartment complex on the former Swing-A-Way driving range on Route 1. Northland Investment Corp. applied for a comprehensive permit for the project under the state's chapter 40B affordable housing law.
TEMPE, AZ-The first wave of condos on the banks of Tempe Town Lake is practically sold out. Another two phases come in early 2003. The rush to buy is all about location, from the lake views to the nearby Diablo Stadium and the famous Mill Avenue.
LAS VEGAS-The results of Equinox Partners' Human Capital survey, reported here on Thursday, formed the basis of some in-depth discussion at ULI's Fall meeting.
ORLANDO-The subsidiary of Saudi Arabia-based Xenel International calls the eight-page union labor allegations a smokescreen to force the developer into agreeing to "one-sided" labor contract terms on two major projects.
NEW YORK CITY-Great Neck, NY-based Keen Realty has been hired to shed the denim assets, possibly by auction. Keen has been handling Warnaco's real estate dispositions since the New York firm filed for bankruptcy protection in June 2001.
HOUSTON-A specialty insurance wholesaler takes 2,927 sf at Two Memorial Plaza in the Energy Corridor while a dispute resolution pro leases 2,023 sf at 1770 St. James Place in the Galleria submarket.
GLENDALE, AZ-The lease marks the 11th location for the California retailer since it moved into the market at the beginning of the year. The chain takes 22,390 sf in the 39,260-sf Glendale Central Center.