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NEW YORK CITY-Taconic principal Paul Pariser tells GlobeSt.com that the New York State Common Retirement Fund has "exercised its right of first refusal" and given the go-ahead for a Taconic/NYSCRF acquisition of 450 Park Ave. The move matches RFR Holding's bid.
PORT ORCHARD, WA-Following an eight-year push, McCormick Land Co. has finally obtained the approval that will allow for expansion of its master planned community, moving it another 619 acres closer to its planed 2,300 acres.
SPRINGFIELD, NJ-The sale by Greenfund Realty to a West Coast-based investor is part of a flurry of industrial sales and leasing activity by the brokerage firm, totaling more than 300,000 sf.
ORLANDO-RIDA Development Corp. of Houston and New York-based Apollo Real Estate Advisors, joint developers of the $750 million, 1,400-acre golf resort five miles south of Walt Disney World, plan a 700-room hotel and conference center at an estimated hard construction cost of $150 million or a little more than $200,000 per room.
MESA, AZ-Officials are getting ready to unveil the newest changes to the 30,000-sf Desert Vista Medical Center. Crews have been working under a 180-day fast-track schedule. All is on target for the mid-April delivery.
BERKELEY, CA-SB 1227, a $2.4 billion housing bond, has made its way through both houses of the state Legislature and to the governor's desk. If signed, voters will decide the issue in November.
LONDON-Haslemere, the Dutch-based UK property fund, has sold the mixed-use Beaucette Property Partnership which it managed in partnership with two other Dutch investors to a subsidiary of Cardinal Lysander.
EVANSTON, IL-A $750,000 minimum bid could take a 2.17-acre site with three buildings, including an 87-year-old mansion, just on the outskirts of this suburb's Downtown area. Residential redevelopment is seen as the property's likely future.
SHOREVIEW, MN-Shoreview Village Mall's owner hires Minneapolis artist Aldo Moroni to paint murals at the 20-year-old retail center and anchors it with a health food store, gift shop and pharmacy.