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HOUSTON-NKN Stores of Houston takes the reins to a 2,500-sf service station and convenience store in the Alief area of southwest Houston. The operator signs a 10-year lease for the property, which prompted more than 100 inquiries.
SYRACUSE, NY-State officials announced on Monday that it will provide $20 million in funding to support the $35-million first phase of a new biotech center to be built near the SUNY College of Environmental Science and Forestry here.
DENVER-Diamond W. LLC and 7 Mach LLC acquires Plaza De Santa Fe at 1355-85 Santa Fe Dr. from DSP Investments. Taco Bell, American Family Insurance, Pizza Hut and Plaza Veterinary are among the tenants.
PHILADELPHIA-The 10-story, 124,050-sf, 264-room hotel at 699 N. Broad St. in Center City was built in 1894 and holds an official state historical marker. Current ownership acquired the property for about $2 million in 2000.
DENVER-The multifamily rental project being built on nine acres at Lowry Boulevard and Alton Way will offer a mixture of two-, three- and four-bedroom units for low-income families, formerly homeless families, and families who are at risk of becoming homeless.
PHOENIX-La Pour Partners of Las Vegas puts up enough money to sway the deal for 30 acres of desert land. But, it's not just any desert land; it's now part of a hot residential and commercial corridor in northwest Phoenix.
PHILADELPHIA-Providence, RI-based Light World leases a 14,000-sf property in Bensalem, PA from Trevose, PA-based Liberty Properties. Total rental value is in excess of $780,000. The retailer is renovating the space into a showroom.
GARLAND, TX-First Industrial said it was on a short list for a single user at its 472,200-sf First Garland Business Park. Hillwood's doing the talking now that the deal's done to buy the site for a Shippers Warehouse distribution base for Kraft Foods.
SAN FRANCISCO-Mayor Willie Brown sent the names of four would-be planning commissioners to the Board of Supervisors yesterday. Brown yanked his first list from consideration a few months back, leaving the commission without a quorum.
TEMPE, AZ-Buyer Hardy Crossing LLC gets the Arizona Republic as a seven-year tenant in its investment acquisition, designed to get more return for its dollars than the 2% interest for sitting in the bank, says the deal's broker.