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EVERETT, WA-The drug store chain plans to add another store, the sixth for Snohomish County, next to a senior housing complex scheduled to open this summer.
EAST PALO ALTO, CA-After months of arguing over IKEA's proposed development, the city left the decision to voters, who yesterday approved a required rezone for the project by a mere 100 votes.
CHICAGO-Wheatland Tube Co. stays put in the Stockyards Industrial Corridor rather than relocate to Little Rock, AR after getting a package that includes Cook County Class 6(b) relief worth $2.8 million as well as $1.9 million in tax increment financing.
PHOENIX-The Ryan Building at Southbank in the Southbank Industrial Park at 3137 E. Elwood Road in Phoenix has sold for $13.25 million. The 122,535 sf, single story building was fully occupied at time of sale.
LOS ANGELES-Even as this wave of downsizing subsides, the effects will continue to ripple through the economy and adversely affect real estate markets. The first reliable evidence of a recovery will not likely materialize until the second half of this year, according to a report issued by Insignia/ESG.
BOSTON-Steve Samuels files a notice of project change to develop a 651,000-sf retail residential development near Fenway Park. The project would be one of the largest residential developments in this area in the past 20 years.
HILLSBORO, OR-With this acquisition, California-based Pan Pacific Retail Properties owns 24 shopping centers in Oregon, encompassing approximately 2.9 million sf. Pan Pacific is the largest owner of neighborhood and community shopping centers in the Portland Metro area.
BRANCHBURG, NJ-The real estate firm will develop an office building to house its own operations and provide additional space for rent on the five-acre site.
LONDON-UK Government urban regeneration initiatives are failing to deliver, the, Royal Institution of Chartered Surveyors has told the House of Commons Select Committee on Urban Affairs.
WICHITA, KS-The 35-year loan carries an interest rate of 6.95% and results in debt consolidation and lower payments, opening up other operating lines of credit, says Arbor Commercial Mortgage's James Boris.