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ROSEVILLE, CA-The city of Roseville is looking attractive to developers hesitant to invest in the Bay Area. Many companies are buying space at Stone Point, which is being sold in parcels by Richland Communities.
FOUNTAIN VALLEY, CA-Dr. David Mai has paid more than $820,000 for the facility, which stands at 17305 Brookhurst Street. He plans to use the building as a medical office.
AUSTIN-Grubb & Ellis researchers wanted to find out why Austin's rent was holding still while San Jose office space was being slashed by nearly $30 per sf. Before the ink dried on the findings, Austin's tenants had a change of attitude.
CHELMSFORD, MA-Cisco Systems Inc. puts another 448,000-sf of space on the market as part of preparations for its move to the campus it is developing in Boxborough. An industry expert tells GlobeSt.com that the move has been anticipated by the local real estate community.
DALLAS-Price Realty Corp. uses its 452-unit Park on Greenville in Dallas' northeast submarket as collateral for the Lend Lease-financed loan. The 10-year loan reportedly is providing capital for more acquisitions.
BOULDER, CO-With the competing Crossroads Mall and FlatIron Crossing now under the ownership of Macerich, the tenant lineups should improve, especially at the former mall, president and chief executive officer Art Coppola tells GlobeSt.com.
JERSEY CITY-The purveyor of international foods continues its recent growth, moving in as an anchor tenant at Hartz Mountain Industries' Tonnelle Plaza Shopping Center.
BLOOMFIELD HILLS, MI-The mall REIT and developer continues to increase its dividend, upping it to $.255 per share for the second quarter. The Series A Cumulative Preferred dividend is $51875 per share.
DETROIT-The office leasing market sees plenty of activity, including projects by automotive suppliers and Kojaian Cos. Collins and Aikman and Textron Automotive take 195,000 sf in the Troy Concept Center.
BOSTON-The Boston Redevelopment Authority approves the re-zoning of the Chestnut Hill Waterworks site that will allow up to 156,000 sf of development. The new zoning designation will allow for residential, office, hotel and retail uses for the site.