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ORLANDO-The former president of Universal Studios Hollywood has been running the 2,500-acre theme park since last November when president/CEO Felix Mussenden abruptly walked out after two years on the job. Gault was interim president during the past four months.
MINNEAPOLIS-HuntGregory's Village at St. Anthony Falls includes 177 units from three story brownstones to affordable multifamily rental housing, 45,000 sf of commercial space and a 215-space parking ramp.
MILLBURN, NJ-Investor Folger Pratt/Argo has received the funding to complete the acquisition of the headquarters building from Hatch, Mott, MacDonald, who remain as the new owner's tenant.
DENVER-"It is my view that today rents and resulting capital values will continue trading downward until there is evidence of new demand for space," Bill Pauls tells the local chapter of the National Association of Office and Industrial Properties, which gave him the 2001 President's award.
DALLAS-Site work has begun on the 60,000-sf Laura Lee Blanton Student Services Building, a $10-million project on the university's east quadrangle. Centex Construction is steering a 15-month schedule with a July 2003 delivery.
FRISCO, TX-Today, ground breaks on a 31,700-sf medical office building by the Cirrus Group in a suburb in need of such community services. It's a case of which came first since the 70% pre-leased project is near a 32-acre site ticketed for a 100-bed facility.
ESCONDIDO, CA-A Solano Beach investor has purchased a 136-unit apartment complex in a deal valued at $12.85 million. The sale and continued heat generated by apartment sales reflects the relative stability of San Diego County's multifamily market.
AUSTIN-Col. Bill Welch trades in his desk at Colliers Oxford Commercial to concentrate on his role with the US Air Force and other business interests. Welch has been juggling multiple roles since his call up shortly after Sept. 11.
GLENDALE, AZ-Opus West pays $1.8 million for another tract in the 67-acre Technology Center at Talavi. The closing comes at the same time that the developer secures a 10-year lease, valued at $8 million, for an under-construction project.