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ATLANTA-After a five-year absence, Joyce Copeland returns to the locally based multifamily arm of Dallas-based Trammell Crow as president and chief operating officer.
ORLANDO-One local executive says consolidations have already reduced the major players to a handful of large-scale companies, giving independents new opportunities to prove themselves to corporate customers.
AUSTIN-The Boise, ID-based chain gears up to challenge Austin's top grocer, H-E-B, based in San Antonio. Spending plans call for new stores, fuel centers and remodeling existing facilities.
SAN DIEGO-In an investment deal valued at $6 million, Santa Barbara-based Pacifica Hospitality Group acquires a Downtown industrial space occupied by a rental car company. Pacifica is holding the property as an investment.
ORLANDO-Called The Loop, the 33-acre project will mirror the developer's 500,000-sf, $85 million venture in suburban Boston that was developed at about $170 per sf. The project inflates Central Florida's retail inventory to over 47 million sf.
STAMFORD, CT-The Alexandria,VA-based apartment community developer and owner finishes work on a 368-unit facility formerly known as Avalon Terrace. The redevelopment was a joint venture with a third party institutional investor.
PORTLAND-"After a year and a half of bleeding, the local market still needs a few more solid quarters of positive news--especially as it relates to the manufacturing and semiconductor sectors--before it wipes the sweat off its brow," states the just released mid-year industrial report by Grubb & Ellis.
MIAMI-Locally based Cornerstone Group Development Corp. is building the 188-unit Laguna Pointe Apartments one mile from a redevelopment area where $150 million in mixed-use ventures are planned over the next five years.
SEATTLE-The Mariners plan to develop a new retail and office complex with a public plaza directly across from Safeco Field. If all goes well, the project will break ground early next year.