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AUSTIN-Weir Hills Ltd. is planning to build a 57-acre manufactured home development at 8102 Bee Caves Rd. near its intersection with Weir Hills Road. Prudential Huntoon Paige provided the 40-year loan at 7.3% interest.
PHILADELPHIA-The new leasing agent, assigned by the owner, Rahway, NJ-based Denholtz Associates, will locate its own offices in the 474,000-sf, twin 20-story buildings at 1800 and 1880 JFK Parkway. Denholtz bought the property in 2000. It is currently 92% leased.
BOSTON-HNTB Architecture & Engineering leases 23,254 sf in a sublease deal from Sovereign Bank. The company, a subsidiary of The HNTB Cos., likes the 31-story tower's location at 75 State St. in the heart of the city's financial district.
NEW YORK CITY-A new Marcus & Millichap report says Manhattan's multifamily sector has seen a nearly complete recovery from a post-Sept. 11 slump and its long-term prospects look positive. Rent and occupancy levels have rebounded and buyer demand is high.
PHOENIX-The Phoenix buyer intends to sell pad sites on the 9.2-acre tract and naturally find a tenant for the 99,510 sf of retail space, now vacant due to Home Depot's move right across the street from 4240 W. Camelback Rd.
IRVINE, CA-Howard Building Corp. completes the conversion, which involved turning a 33-year-old building into a modern optics manufacturing lab facility. Tenant improvements include 4,000 sf of office space and 39,000 sf of optics manufacturing space.
AURORA, IL-The assembler and distributor of coolers and luggage consolidates its Chicago and Cicero operations at 2580 Prospect Ct. in the Butterfield Center For Business & Industry in a deal worth at least $12 million.
PHILADELPHIA-Bid deadline of Sept. 6 is set for the Sept. 10 auction of the former Franciscan Medical Center in Dayton, OH. Great Neck, NY-based Keen Realty and the Columbus office of CB Richard Ellis invite prospective buyers to beat the deadline.
CHATHAM, NJ-Wyeth (formerly American Home Products), a longtime Garibaldi Group client, is trying to sell a riverfront site in Ireland through Ganly Walters.
LONDON-AIM-listed developer and trader Halladale Group has sold four properties out of the Henderson Global Investors' Opportunity Fund portfolio which it bought earlier this year.