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BUFFALO GROVE, IL-The north suburban location lures Chicago Computer Works, Inc.; Chicago Custom Cabinet & Fronts and NAS International, Inc. to the office park at 601 Barclay Blvd.
SAN DIEGO-Two apartment properties, a 22-unit complex and a six-unit community, have sold for a combined value of nearly $2.5 million, according to Hendricks & Partners.
SAN DIEGO-Infrastructure work at the Downtown Ballpark project is moving forward briskly, with some 20,000 tons of contaminated soil being removed. In addition to the soil hauled out of the area, about 1,300 tons of soil has been deemed regulated waste and set aside for future reuse as fill material, resulting in a cost savings of about $100,000.
CHICAGO-Prompted by the deaths of three persons when scaffolding equipment was blown off the John Hancock Building by high winds, the city council mulls regulations, with fines up to $10,000.
MINNEAPOLIS-Besides owners of affordable housing, a US Supreme Court decision is expected to have a broader impact in other industries that conduct business with the federal government.
PHOENIX-Brokers are boasting about the market, but it's not as rosy as they'd like to believe, according to Hendricks & Partners. Absorption is down and so is the pipeline. Researchers say it could be some time before construction picks up.
CORPUS CHRISTI, TX-The popular coastal town incurred a negative absorption although submarket vacancies are ranging from 1.7% to 8.2%. Overall, vacancy is 4.1%. Truth is, the town is on the road to recovery, researchers report.
BOSTON-With only 11 definite bookings through 2012 for the $800-million convention center being constructed on the South Boston waterfront, a committee of the Massachusetts Convention Center Authority proposes a new sales and marketing strategy.
SAN FRANCISCO-According to one participant, a recent gathering of TCN Worldwide Real Estate affiliates revealed that despite a general flatness in the commercial real estate market the industrial and retail sectors of commercial real estate have remained strong.
DENVER-"For once we have not produced a horrible urban model," one judge declares of the $4-billion mixed-use redevelopment of the former Stapleton International Airport, which beats 228 entries to win the Stockholm Partnerships Sustainable Cities award.