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SEATTLE-According to documents filed with the Securities and Exchange Commission this week, the locally-based biotech company expects its Helix Project will cost $625 million to construct, about $125 million less than originally anticipated.
LONDON-AIM-listed investor Halladale has bought four retail properties across Scotland through Halladale Ventures, its joint venture with Bank of Scotland Corporate Banking.
CHICAGO-A St. Louis-based partnership pays $62,015 per unit for the Cross Lake Apartments on the east side of Evansville, IN. The property was 94% occupied and less than a year old.
SECAUCUS, NJ-Hilton Hotels brings its fast-growing brand, which targets mid-priced corporate and group travelers and now has more than 130 properties across North America, to the Meadowlands market.
GARDEN GROVE, CA-The company inks a five-year lease here to occupy 10,000 sf of retail space and 10,000 sf of office and classroom space. The facility is located at 12821 Knott Ave.
ST. PAUL, MN-Reshaping it into a bobblehead of Gov. Jesse Venture or Prince are among the suggestions for the vacant building on the Mississippi River near the $170-million Upper Landing urban village project.
WESTMINSTER, MD-Department store chain Boscov's will take over the former Montgomery Wards space at the TownMall of Westminster, and will redevelop the store into an 180,000-sf, 2-story department store.
AUSTIN-More space, more building time and a higher cost accompany revisions for the Long Center for the Performing Arts. Site work begins in the summer with delivery now pushed out another year to fall 2005 and the cost up $2.1 million.
HOUSTON-Zenith Properties takes a small step forward in finding tenants for a 40%-occupied office building along Richmond. Farmers Insurance signs for 4,246 sf at the 92,539-sf building. A neighboring property also gets a new deal.
ORLANDO-The fourth largest furniture chain in the United States paid an average $2.75 million each for the sites at 4545 E. Colonial Drive and 2000 Principal Row in Orlando and 645 W. State Road 436 in Altamonte Springs.