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BETHESDA, MD-The $170 million mixed-use complex dubbed White Flint Place takes steps to becoming a reality as developer Donohoe Construction Company begins work on the 250,000-sf office building and the two accompanying 16-story, luxury residential towers.
ORLANDO-The Oak Brook, IL-based REIT maintains its position as the most aggressive shopping center purchaser in the state with the $7.4 million acquisition ($110.41 per sf) of the 18-month-old, 44,271-sf, 100%-leased Crystal Springs Shopping Center in Crystal River, FL, 90 miles northwest of Downtown Orlando.
PHOENIX-Esser Design will occupy 5,500 sf in a seven-year lease for Camelback Centre in Phoenix while Milliman USA heads into a 3,304-sf office in June at Scottsdale's Raintree Corporate Center.
BOSTON-The Massachusetts Port Authority offers long-term leases up to 25 years at market rate to its seafood processing tenants located on the Fish Pier. The businesses are located right next to a $240-million, 836,950-sf city-approved hotel project.
ORLANDO-Columbus, OH developer Ronald A. Pizzuti couldn't be reached at GlobeSt.com's publication deadline to comment on growing speculation that at least three national developers are inquiring about his vacant Downtown 5.64-acre pad across from the $200 million, 25-story Orange County Courthouse complex.
LONDON-House prices continue their inexorable climb, rising at the fastest rate for two and a half years says the RICS in its latest housing market survey.
ATLANTA-As vice president/marketing and content, Lynn Leonard will be responsible for monitoring conditions and opportunities in the 80 cities NewBridge Retail Advisors covers in the Southeast/Mid-Atlantic region.
PHILADELPHIA, PA-The new design for the Greater Philadelphia World Trade Center scraps the hotel and adds 500,000 sf and $84 million to the four-tower office/residential project. Meanwhile, brokers come close to landing an anchor tenant for Tower One.
PINE BROOK, NJ-The Colorado-based satellite TV company, which operates through several subsidiaries, will use the full-floor space for executive offices and a call center.