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WEST LOS ANGELES, CA-In a $3.7-million deal, Immortal Entertainment Group signs on for space in Kilroy Realty Corp.'s Westside Media Center at Olympic Boulevard and Bundy Drive.
OXFORD TOWNSHIP, MI-A 145-unit rental complex for senior citizens is the newest compontent of Waterstone, a 2,000-home development on 1,400 acres in this township outside Detroit. Independence Village is the developer.
VANCOUVER, WA-Developer Opus Northwest has optioned the 60-acre Evergreen Airfield here, which it is eyeing for a major office, retail and residential development.
SAN DIEGO, CA-San Diego County continues to hold onto its rank as No. 7 in the state for lowest unemployment levels, according to just released July numbers by the state employment department.
PHOENIX-Scottsdale leads the metro in the average asking rent, but there really isn't any market that's drastically sagging in rent or absorption, according to DAUM's midyear report. To date, 8.6 million sf have been absorbed.
DETROIT-The Ilitch family is expected to decide redevelopment plans by 2005 for the 120,000-sf Madison-Lenox hotel. It will demolish the building on Madison Avenue using a $700,000 Downtown Development Authority loan.
CHICAGO-The 663-unit development on 35 acres that was once the site of Chicago Housing Authority's Clarence Darrow, Madden and Ida B. Wells high-rise projects will be home to new residents with a mix of income levels.
AUSTIN-The company says it's working with lenders to resolve "noncompliance" issues. The latest numbers show a $2.4-million loss in the Q2 comparisons, but an increase in revenue from $3.4 million to $4 million.
SALEM, VA-US Foodservice picks its Roanoke County facility to increase area distribution efforts with a $22-million expansion of the 275,000-sf distribution center. The company will add 125,000 sf to its Salem location.