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SAN FRANCISCO-After three years of planning, Gabriel Avial, founder of the Hispanic Heritage Baseball Museum, is eyeing South Beach property as a potential site for a new 50,000-sf baseball museum.
LONDON-Retail investor Hammerson has made a late bid to enter the out-of-town retail market with a Pounds 192 million ($300 million) offer for Grantchester. The company's management has already offered Pounds 167 million ($262 million) to take the company private.
ORLANDO-The Connecticut-based developer and its joint venture partner, Prudential Real Estate Investors Inc., purchased the 20-year-old, 322-room suburban Orlando hotel from Southern States Management Co. for $22 million.
SAN ANTONIO-The capital pays off existing debt and goes toward finish-out for Pat O'Brien's, a world-class bar and restaurant selecting the San Antonio Riverwalk for its first corporate-owned location outside New Orleans.
SHENANDOAH, TX-A $4.6-million loan gets final signatures as the developer pushes ahead on the third leg to the 400,000-sf lifestyle center. Today Realty Advisors of Dallas leads the limited partnership in charge of the newest phase.
ORLANDO-The locally based, celebrity-themed restaurant chain with 111 properties in 41 countries, has seven ventures totaling at least 500,000 sf, either ready to open or leaving the drawing boards shortly.
BURBANK, CA-The number of new permits issued for apartments and the value of those permits dipped during the first seven months of this year, as did the volume of commercial building construction, the Construction Industry Research Board says.
MIAMI-The federal Department of Veteran Affairs paid $11.25 million or $35,942 per acre for the 313-acre Wagenberg tract that will house a 120,000-plot national cemetery west of U.S. 441 and State Road 7 in south Palm Beach county.
THE WOODLANDS, TX-The center will rise on 15 1/2 acres in the Village of Sterling Ridge. Ground breaks in the fall; delivery is winter 2003. The plan is to merge two branch locations and Cochran's Crossing center.
LEXINGTON, MA-Rational Software takes another 18,000 sf of space to expand its corporate headquarters at 18 Hartwell Ave. in the Kiln Brook Office Park. The expansion brings the company's total space in the park to over 200,000-sf.