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CHANDLER, AZ-The popular homebuilder adds a location at Lone Butte Industrial Park in Chandler, taking the Texas-based operator to an even dozen retail sites in Arizona. In another deal, a firm leases about 12,000 sf in Tempe.
SAN FRANCISCO-Cushman & Wakefield has released its preliminary second-quarter 2002 report, which reveals that the San Francisco office market is still suffering from the technology crash.
EL SEGUNDO, CA-Haverford Realty Investors sees a niche below the radar of larger funds. Plays throughout most of the West Coast will range between $1.5 million and $10 million
DALLAS-FelCor pays off a $40-million balance on its credit line while finessing changes to get better footing when it's time to buy. Its metroplex neighbor, Wyndham, is wiping its brow after successfully trading above $1 for 30 days to stay on the NYSE.
SEATTLE-Across America, the excess of capital available for real estate investments is creating a competitive market. According to Cushman & Wakefield, Seattle is more competitive than it has been in two years.
VANCOUVER,WA-The City of Vancouver won't get a sports arena, at least not right now. The developer announced Monday that he is canning the 6,500-seat events center but plans to move forward with a hotel and convention center.
MIAMI-The Chicago entrepreneur bought two properties in Coconut Creek, FL from Boston-based AEW Capital Management for $50.9 million. The properties are 25 miles north of Downtown Miami.
PUYALLUP-A local developer has spent nearly $40 million in retail purchases over the past month. Lahha Willos Properties LLC purchased two retail centers that are fully occupied.
AUSTIN-The @hand Corp. signs for 5,900 sf of office space at Reunion Park, accommodations vacated by Shaw Environmental. In recent deals, two other inbound tenants signed for upward of 32,000 sf.
MIAMI-The Tamarac, FL provider of e-commerce solutions is taking the entire building at 2200 SW 10th St., Deerfield Beach, FL for nine years at an estimated first-year rent of $19 per sf. Deerfield Beach is 70 miles north of Downtown Miami.