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PHOENIX-Helping Hands will use the Crest Apartments to help families transition from working to middle class. The seller parts with the complex at 1530 E. Sahauro Dr. after owning it a year and completing a renovation.
SAN BERNARDINO, CA- Opus West Corp. begins construction on an 85,000-sf office building within the 153-acre Tri-City Corporate Centre near the I-10 Freeway. Construction is expected to be finished in the second quarter of 2003.
ATLANTA-The Bentonville, AK-based retailer's 1.3-million-sf facility was built at an estimated hard construction cost of $38.46 psf on a 250-acre site that will serve 50 Wal-Mart stores in the Carolinas.
MIAMI-The Coral Springs, FL, National Hockey League team wants to build "numerous" ice skating and entertainment facilities similar to Incredible Ice in South Florida towns, possibly including Weston.
NILES, IL-Two deals see American Science & Surplus take 69,056 sf at CenterPoint Properties Trust's 7410 N. Lehigh Ave. and Designed Equipment Corp. lease 21,880 sf at Mohawk Manufacturing & Supply's 6700 W. Touhy Ave.
AUSTIN-The Austin CBD continues to benefit from a legal shuffling that's been going on for a year as new high-rises come on line. The Travis County Bar Association takes over space from a leading law firm's move to CarrAmerica's 300 West Sixth.
PHILADELPHIA-The 560,000-sf inline portion of the 1.3-million-sf super-regional mall in Greensburg, PA is up for sale by Atlanta-based Lend Lease. Its four company-owned anchors are Sears, Bon-Ton, Kaufmann's and JC Penney. The inline segment is 89% leased.
HOUSTON-The bedding retailer negotiates a 3,484-sf inline spot at the 175,000-sf Northbrook Shopping Center, a Weingarten Realty-owned, one-year-old development in Houston's northwest submarket.
ARLINGTON HEIGHTS, IL-Atomatic Mechanical Services, a heating and air conditioning company, buys the 36,464-sf office building at 3733 Ventura Dr. According to property records, the sale was just under $1.5 million but the company obtained a $2.2-million mortgage.