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PORTLAND-Steinway piano retailer Sherman Clay & Co. signs a $3-million, 10-year lease for 11,700-sf on the ground floor of a full-block former warehouse at NW 13th Avenue and Davis Street. An office user is also close to signing on for another 10,000 sf at the top of the building.
NEW YORK CITY-Marriott's corporate-housing arm celebrates today with a topping-off ceremony for its nearly complete Aurora, a combination extended-stay hotel and luxury condominium property.
SAN FRANCSICO-After 18 months of being boarded up for renovations, San Francisco's Union Square will reopen to the public. City officials are hopeful that the square will relieve some of the city's commercial vacancies.
NORFOLK, VA-Broad Creek Renaissance--the city's $200-million neighborhood revitalization project--gets under way with the cornerstone-laying ceremony for the development's first phase, the 100-unit Franklin Arms senior-living complex.
BIG BEAR LAKE, CA-Booth Creek Ski Holdings Inc. of Vail, Colo., says it will sell the prominent San Bernardino Mountains facility to Snow Summit Ski Corp. in September for an undisclosed price.
ATLANTA-Locally based Resurgens Orthopaedics has signed a 10-year lease for the 14th floor of the 358,000-sf medical office tower, completed by locally based Cousins Properties in January as part of the redeveloped 500,000-sf Emory Crawford Long Hospital in Downtown.
WOODBRIDGE, NJ-Formed by the merger last year of Newmark's New Jersey operations with rival Jacobson Goldfarb and Tanzman, the firm's name change here is part of its national branding strategy.
READING, MA-The state abandons its ambitious plan to upgrade the Route 93/128 interchange into a four-tier cloverleaf design but the alternatives it is considering still involve taking a number of properties.
SAN ANTONIO-Tarragon Realty acquires the 99%-occupied Forest Oaks at 6313 Evers Rd. in northwest San Antonio. Lend Lease puts up the capital for the 166-unit complex. The seller is a Dallas-based limited partnership.
SAN DIEGO-A mortgage company has launched a countywide expansion in the North County in hopes of taking advantage of low lease rates as the area's office market rises from the bottom.