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HOUSTON-The Ainbinder Co. gets its capital from G.E. Capital Real Estate in a 10-year loan with an 80% LTV. Grocer H-E-B occupies about 24,000 sf of the 48,209-sf center at the intersection of South Gessner and Bissonet streets in Houston.
DETROIT-Inn on Ferry Street may be the first and only bed and breakfast in the city's Downtown area, near new baseball and football stadiums as well as entertainment districts.
DENVER-The Boys and Girls Clubs will maintain and operate the two new recreation centers in the Montbello neighborhood at no cost to the city. They will replace the current Montbello Recreation Center at 4397 Crown Blvd.
HOUSTON-SSM Ltd. acquires about 63.4 acres in Southwest Houston, paying enough to satisfy the seller's two decades of overdue tax bills. The bills and the land's value were practically equal at sale time, says the attorney on the case.
STAMFORD, CT-Robert J. Gold and Thomas Weinstock have left Grubb & Ellis' Office Services Group in Stamford and have moved several blocks downtown to become vice presidents with CB Richard Ellis' office here.
MIAMI-Vice presidents Lina M. Macki, Jose R. Vazquez Jr. and Raul G. Valdes-Fauli are new senior vice presidents in the commercial lending division of the bank's regional headquarters on Brickell Avenue.
PORTLAND-The full-service firm gains its first industrial broker in George Slevin, adding depth to a local office heretofore focused mainly on the office market.
DETROIT-Temporary operating agreements end on June 15 for three casinos, but the city council says a $102-million settlement isn't good enough. Mayor Kwame Kilpatrick says he won't go back to the table.
DENVER-An average condominium price of $167,244 in May is the third-best month on record. "People are buying, instead of spending their money elsewhere," Chris Mygatt, executive vice president of Coldwell Banker tells GlobeSt.com.
LITTLETON, CO-Lucky Brand Jeans, Things Remembered, the Sharper Image and Champp's Americana restaurant are the latest retail tenants to sign on at Aspen Grove, the Denver-area's first "lifestyle center" built along the light rail line.