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SAN FRANCISCO-A March hearing date has been set to determine whether the current Redevelopment Agency will operate as normal or tossed out and remade with more members and a different name: Community Redevelopment Commission.
ORLANDO-Bertica M. Cabrera-Morris, a political insider for the past 10 years, has been formally reprimanded by the Orange County board of commissioners for withholding the names of developer and business clients on eight separate occasions in 2001. Timeshare mogul David A. Siegel was among the names withheld from commissioners.
PHOENIX-A 12-unit complex trades hands between a Phoenix buyer and seller. The Hendricks & Partners-negotiated deal closes at a time when the midsize market is lagging due to job cuts and favorable mortgage interest rates.
ST. PAUL, MN-The "host" city would also need to raise taxes on hotels, restaurants, bars, and parking. Both new revenue sources would require advisory referendums, which would not be legally binding on the legislature.
LOS ANGELES-The CityPlace site covers eight city blocks formerly occupied by the Long Beach Plaza, an enclosed mall opened in 1982 and closed in 1999. Developers Diversified Realty Corp. is the master developer.
WASHINGTON, DC-400 Virginia Avenue Southwest, a 216,000-sf office building in the Capitol Hill area, sells for $52 million. A small parcel at 472 Virginia Avenue SW nearby was also part of the deal.
ATLANTA-The Georgia 400, Buckhead and Midtown submarkets are struggling to fill abandoned quarters as the overall vacancy level soars to 19.1%, a first-quarter Cushman & Wakefield of Georgia Inc. study shows.
NEW YORK CITY-Integra Realty Resources, in its latest investment survey, says that most markets--except for hotels--are recovering nicely, thank you. But owners' over-inflated view of building value isn't helping the capital pipeline to flow again.
NEW YORK CITY-Integra Realty Resources, in its latest investment survey, says that most markets--except for hotels--are recovering nicely, thank you. But owners' over-inflated view of building value isn't helping the capital pipeline to flow again.
SAN DIEGO-Felicita Creek was acquired by Mark Gosselin, president and CEO of Property West, a privately held real estate investment company based in San Diego. The seller is Walden, a former real estate investment trust that was acquired and privatized in February 2000.