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AUSTIN-The latest Hendricks & Partners multifamily report says 75% of all Austin-area properties are offering concessions, including 95% of the class A lineup. Sales are down, absorption is down and construction...well, it's rising.
SHAKOPEE, MN-The center will open in August at the corner of 17th Avenue and Greenwood Court near the Kohl's and Target stores, offering programs for children in pre-school and kindergarten classes.
MINNEAPOLIS-A year-long search results in an April 2003 move to the building leased and managed by RREEF Minnesota. The Minneapolis Foundation's current quarters are at Foshay Tower.
LIBERTYVILLE, IL-Grubb & Ellis vice president Rick Scardino notes "this corridor continues to heat up" after the fast-food chain and child care center buy acreage in the Northwinds Business Center near Peterson Road and Route 45.
DENVER-Mayor Wellington Webb thinks the honor is so significant that he lifts his ban on international travel, sending chief of staff Wayne Cauthen and Deputy Mayor Stephanie Foote to Stockholm.
CHICAGO-Tribune Co. wants to add 2,000 seats to the left- and right-field bleachers at Wrigley Field, a plan that is one item on a laundry list of grievances by local residents and community groups.
ORLANDO-The Birmingham, AL-based lender funds the 18-year-old, 200-unit Meadowrun Apartments in north Florida with a $5.6 million loan at 7.4% interest and the 239-site Kissimmee Gardens with a $5.78 million loan through Fannie Mae at 6.26% interest.
ALISO VIEJO, CA-The restaurant chain completes a lease transaction to occupy 16,445 sf at 27081 Aliso Creek Rd. It has already moved its corporate headquarters to the new site.
OCEANSIDE, CA-A waterfront resort proposed by Douglas Manchester will come before the California Coastal Commission at its meeting in Long Beach on Tuesday.
RENTON, WA-Pacific Northwest Group A sells Renton industrial portfolio, which includes the Northwest Corporate Park and the Earlington Building for $46M. The portfolio totals 1.18 million sf of warehouse, distribution and manufacturing space.