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PASADENA, CA-Hosp, Gilbert, Bergsten & Phillips, which has been in its fourth-floor offices in the 11-story building for about seven years under a sublease agreement, sings on with the building owner for another six years and another 7,400 sf.
CHICAGO-A two-block stretch of Wabash Avenue known as Jewelers Row could receive landmark designation, a move some say will keep the vibrant wholesale and retail industry on the street.
WASHINGTON, DC-The Department of Education steps in where the Federal Emergency Management Agency dropped the ball by moving into the 309,000-sf space in Potomac Center, following FEMA's breaking of a 10-year lease on the offices.
OCEANSIDE, CA-The city's agreement with Manchester Resorts expired when the developer did not meet a 10-day requirement to state his plans regarding the El Corazon property.
AUSTIN-The Scheffe Group is actively looking at two sites in Bee Cave and one in Austin's northwest submarket. The next project will have a bigger footprint than the 25,000-sf Juniper Ridge.
CHICAGO-Two South Side multifamily projects totaling 120 units get nearly $6 million in loan assistance. A $5.5-million tax-exempt revenue bond issue helps buy and rehab 96 units at 5035 S. King Dr. A $335,000 no-interest loan for 24 units at 5441-51 S. Michigan Ave. is junior to a $3.5-million loan from HUD.
WINTERTHUR, DE-Winterthur Museum Garden & Library's new 125,000-sf catalogue fulfillment center opens in the 110-acre Twin Spans Business Park. The local arts and education destination considered building sites in Maryland, New Jersey and Pennsylvania before settling on a location in its home state.
AUSTIN-The Scheffe Group is actively looking at two sites in Bee Cave and one in Austin's northwest submarket. The next project will have a bigger footprint than the 25,000-sf Juniper Ridge.
SCOTTSDALE, AZ-The plan is to build an office/warehouse with hangar area for owners of small corporate planes. The project, in the neighborhood of 35,000 sf, will rise at the crossroads of 78th and Madison streets in the Scottsdale Airpark.
ATLANTA-The Arlington, VA-based REIT ends its joint venture with Nashville-based Opryland Attractions by buying out the remaining 33% of the 1.1-million-sf Opry Mills retail, entertainment property at Opryland. Mills pays $31 million in cash and assumes $56 million in debt.