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DETROIT-Quality Farm and Fleet locations in Adrian, Kalamazoo, Jackson, Port Huron, and Saginaw are now on block after the tractor supply firm closes the stores. Friedman Real Estate Group of Farmington Hills has been hired to sell them.
NORTH BRUNSWICK, NJ-The leases amount to about half of the lab space in The Commercialization Center, operated by the NJ EDA on the campus of the 50-acre Technology Center of New Jersey.
DENVER-Industry sources tell GlobeSt.com AMLI Residential Properties Trust paid $109,000 per unit for complex, making it the largest multifamily deal of the year. Two years ago, the price would likely have been 10% higher.
ATLANTA-Pennsylvania Real Estate Investment Trust has signed an estimated 15-year lease with Best Buy Co. of Richfield, MN for a 32,504-sf store at the 579,244-sf Magnolia Mall in Florence, S.C. The estimated value of the lease is $7.3 million.
SAN DIEGO-The La Jolla Indian tribe is planning a gaming venue near Route 76. The La Jolla band would be the fifth North County tribe to open a gambling enterprise on or near Route 76 since last year.
TUCSON-The Villa Del Sol brings $2.5 million for its California seller. The broker says several offers were put on the table in the 15 months that the seller owned it. This one was the right one for the 92%-occupied complex.
MESA, AZ-Chamberlain Development decides to sell an under-construction building that's fully leased to a Mesa plumber. In Scottsdale, an investor buys five vacant acres for a multifamily project.
WHITE PLAINS-Veteran hotelier Robert Koren recently arrived back in the U.S. after an extended stint in Spain in order to take over as vice president of operations for Starwood Hotels & Resorts Worldwide's W Hotels division.
ALAMEDA, CA-The saga continues between Manex Studios and its former landlord, the Alameda Reuse and Redevelopment Authority. Manex recently won a rental dispute filed by ARRA and is now pursuing $10 million in claims.
FULLERTON, CA-Encompassing 24,505 sf, the 14-tenant complex is nearly 100% occupied. It consists of three buildings, which are located at 500-526 N. Gilbert St.