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DULLES, VA-A 41,800-sf flex building in the multi-structure, 140,000-sf Cascades Business Center sells to Dulles Marketing & Services LLC for $3.11 million. Buchanan Partners developed the building last year.
CANTON, MA-An 84,000-sf building developed on spec a year ago is now 64% leased thanks to two leases totaling 14,500 sf. The building is located at the University Avenue interchange where there is a Route 95 ramp under construction.
CHICAGO-The plan commission endorses an 800,000-sf expansion to what already is the largest convention center in North America. The move is needed to keep smaller shows from going elsewhere and allow major shows to set up while another is going on.
SOUTH BRUNSWICK, NJ-Despite protests from area residents and at least one neighboring community, the township council here has shot down an appeal on K&K Development's three-building, 130-acre proposal.
CHICAGO-A 69-story building would replace a parking lot at 111 W. Wacker Dr. with 320,000 sf of office space and 240 condominiums. The corner of Wacker and Clark Street has been undeveloped for more than 30 years.
ORLANDO-The planning board of suburban Altamonte Springs, FL., seven miles north of Downtown Orlando, likes the urban village concept but the city commission still has to sign off on the 24-acre, one million-sf venture that calls for an undetermined amount of office, retail, hotel and residential development.
LOS ANGELES, CA-From April through June, Los Angeles County lead the nation in demand for apartments and Southern California was "the nation's apartment demand hot spot," according to a new report.
PASCO, WA-Two apartment complexes here that were developed in the late 1970s have been acquired by GSL Sunset Investors LLC for a combined price of $4.07 million, according to the Franklin County Assessors Office. The properties were 95% leased at the time of sale.
FREDERICK, MD-Mt. St. Mary's College expands its presence in Frederick by increasing its space at 270 Technology Park from 4,500 sf to 16,000-sf. The new classrooms will be housed in another one of the 750,000-sf park's 18 buildings, which lease for about $12.50 per foot.
SANTA ROSA, CA-In an effort to meet affordable housing goals, the Sonoma County Board of Supervisors endorses the construction of low- and very low-income rental housing in the unincorporated area of the county.