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NEW YORK CITY-LMDC and the Port Authority short-list their candidates and expect to pick a winner before the first public forum on Lower Manhattan redevelopment, scheduled for Thursday evening.
CHICAGO-Price Waterhouse Coopers left 120,000 sf behind at Aon Center when it moves to 1 N. Wacker Dr., and rival accounting firm Deloitte & Touche swoops in to take it on a three-year deal.
ALLEN, TX-Wells REIT, known for paying cash at the table, gets the deed to a two-building office campus in a Dallas suburb. An entity of the high-rolling Principal Life Insurance Co. is the seller of the holding, valued at nearly $30 million.
CHICAGO-The $220-million topping off of the landmark depot could involve $17.5 million in tax increment financing, attorney Rick Wendy tells the city's plan commission. The developer, Prime Group Realty Trust, is putting together financing.
SCOTTSDALE, AZ-Ground breaks in August, with delivery set for Fall 2003, on a high-end clubhouse for Terrabrook's Mirabel development. The 34,000-sf finished product will tap Frank Lloyd Wright's school of thought.
CORONA, CA-Palm Central Partners acquires the 76-unit property, Parkview Manor. It is the latest in a string of apartment complexes to change hands in Riverside in recent weeks.
IRVING, TX-The Dallas office beats out "three or four" other brokerage houses vying for contracts on what is being marketed as the largest contiguous block of empty class A space in North Texas. A senior team, armed with a solid plan, hits the streets.
BUDA, TX-Simon Property Group has eyes on 200 acres at the crossroads of Loop 4 and Interstate 35 in Buda, a town that's starting to grow by leaps and bounds. It's still too early in the game to say what might come out of the ground.
SAN FRANCISCO-The only drop off is in the number of available properties. A luxury apartment complex recently sold for $16 million and, on the smaller side, two adjacent buildings on Chestnut Street sold in separate transaction for $950,000 and $1.5 million, respectively.
DETROIT-The 74-year-old landmark building is available from DTE Energy Co., which is moving employees elsewhere, for $13.5 million. Cushman & Wakefield wins the marketing assignment.