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CINCINNATI-The Bayport, MN-based window maker agrees to pay $2.68 per sf, according to Colliers Bennett & Kahnweiler, or $2.17 million over the five-year term for space at 3001 Kemper Rd.
DETROIT-Condominium developers seek permission to fill wetlands, while the new owners of a former paper mill property may get $100,000 for commercial development. Those are among the proposals reviewed by the Michigan Department of Environmental Quality.
WHITE PLAINS-HRH Construction LLC, a firm that has helped build a number of high-profile Manhattan properties, is planning to shift some personnel from New York City to 22,000 sf of subleased office space here, globest.com has learned.
CHICAGO-The relocation to 111 E. Wacker Dr. by the National Council of State Boards of Nursing tops deals that also includes an expansion to 10,606 sf by Apex Venture Partners at 225 W. Washington St.
LONDON-The management buyout at retail parks specialist Grantchester has been abandoned following Hammerson's late bid for the company. Hammerson immediately went into the market and bought up an 18.25% stake in the company.
PHILADELPHIA-Gov. Mark Schweiker asks General Assembly not to "rush it" as it tackles property tax reform in a special session. "Philadelphia is one of the most heavily taxed cities in the country," says Sperry Van Ness regional manager John McDermott.
STONEHAM, MA-In yet a further demonstration that investors are clamoring for solid real estate investments, Kintetsu World Express sells 200 Fallon Rd. for $6.4 million. The broker involved tells GlobeSt.com that interest in the 92,000-sf building ran high.
SAN ANTONIO-After less than a year as property manager, Transwestern slides in as the leasing agent for the 95%-occupied Bank of America Plaza in downtown San Antonio. The former contract holder resigns to focus on tenant representation.
NORTH HOLLYWOOD, CA-A family trust buys the five-parcel portfolio, which includes a 124,415-sf office building and another of 14,000 sf, from a San Francisco-based investment partnership.
CENTENNIAL, CO-The 230-unit Saddle Ridge Apartments at Dry Creek Road and Yosemite Street after a sale involving a buyer affiliated with the previous ownership group, Denver-based HMB Partners.