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VINELAND, NJ-The warehouse/distribution center operator will add 11 logistics facilities with over 1.5 million sf around the country to its fold with the deal.
DENVER-Nearly two dozen units in two projects go on the block by Sheldon Good & Co. Investors are the purchasers of two units at Avila Park while a combination of owner-occupants and investors buy relatively small units at 1629 Clarkson St.
SOUTHERN NH-Increased activity in the area indicates that that its commercial market is starting to show signs of picking up. The transactions include the sale of a 14,600-sf warehouse, and a number of lease deals.
NEW YORK CITY-The 15 original RFP respondents were cut back to a field of six finalists last week and only two were left as of this morning. This afternoon, a partnership of Beyer Blinder Belle and Parsons Brinckerhoff walked off with the prize.
CHICAGO-The Knoxville Pointe Apartments in Dunlap, IL sells for $66,447 after being exposed to more than 600 investment specialists in Encino, CA-based Marcus & Millichap Real Estate Investment Brokerage Co.'s national multi-housing system.
NEW YORK CITY-Four of the six short-listed teams vying for the job of working up a Downtown redevelopment study are officially out of the race. The winning bid is expected to be chosen this afternoon.
AUSTIN-The 262,000-sf Stassney Heights will be leased and managed by Dallas-based affiliates, Weitzman Group and Cencor Realty Services. The Central Texas plan, says the Austin office leader, is to seek out more management pacts.
CHELSEA, MA-A plan to develop a self-storage warehouse on a 1.5-acre site at 359 Beechum St. on the Islandend River is complicated by local opposition and the fact that the site could fall under Chapter 91 regulations.
SANTA ANA, CA-Professional Real Estate Services Inc. snaps up the two-story building, which encompasses 33,335 sf. The seller, TMP Parkcenter Ltd., plans to lease back a portion of the facility.
PHOENIX-The private investor's strategy is to rehab the 45-year-old building at 3648 N. 40th St. in Phoenix. Arcadia Court was 94% occupied at sale time to Mehmed Kozlica, who bought it from a Benson, AZ seller.