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CHICAGO-The owner of the 11-story building at 664 N. Michigan Ave. already is talking with city officials about fixing a deteriorating fagade on the upper floors of 664 N. Michigan Ave.
MOORPARK, CA-CP Investments, Inc., a San Diego-based real estate investment company, completes development of Mountain Meadows Plaza located at the northeast corner of Tierra Rejada and Mountain Trail here in Ventura County. The project is 100% occupied.
DETROIT-A $102-million settlement to cancel $2 billion development will help city balance budget, says Mayor Kwame Kilpatrick, but other cuts are projected. A sale of a 900-acre former House of Corrections site could have been a $50-million boost.
ORLANDO-Resort Condominiums International, a subsidiary of New York-based Cendant Corp., will provide branding and authorization in the global sale of vacation rental properties. eBay is based in San Jose, CA; Dynetech in Orlando.
WESTLAKE VILLAGE, CA-A financial services firm and a residential developer sign leases of around 4,500 sf at the city center fronting the Ventura Freeway. The combined consideration for these two leases is in excess of $2.1 million.
CHICAGO-The owner of the 11-story building at 664 N. Michigan Ave. already is talking with city officials about fixing a deteriorating fagade on the upper floors of 664 N. Michigan Ave.
ROCKVILLE, MD-UnitedHealthcare Services has signed a long-term lease on nearly 75,000 sf of office space in a 218,000-sf building at Irvington Centre. Rents in the business park are generally in the low $30-per-sf range.
THE WOODLANDS, TX-The Woodlands neighborhood edges toward its build-out with construction of a luxury apartment complex. Houston-based Easterling Development buys the needed 14 acres and preps for a ground-breaking.
PHOENIX-Greg Maestas is on board at Perini after spending nine years with Dunham Associates. Among Maestas' duties will be to scout the nation for business opportunities as Perini's director and research market trends.
SAN JOSE-As the San Jose City Council comes closer to deciding whether to develop its new City Hall, a select group of property owners are submitting proposals in the hopes of having their site selected.