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CHICAGO-A $60-million project including at least 257 condominium units at 1146 S. Michigan Ave., retail use and space for arts-related uses at a former Trailways Bus station wins praise from a competing developer.
BLOOMFIELD HILLS, MI-Like other retail mall owners and operators, Taubman Centers Inc. has web sites for 30 of its properties. The focus, though, is sales being run by some of the REIT's 4,000 tenants.
IRVINE, CA-The fund, which has $60 million in discretionary capital, specializes in mezzanine financing for multifamily properties statewide. It is part of the CalPERS California Urban Real Estate Initiatives Investment Program.
RESTON, VA-The 165,000-sf Plaza America Retail Center brings its tenancy to maximum capacity with Baja Fresh Mexican Grill's leasing of nearly 2,200-sf of space for its new restaurant. The current market rate for space at the retail complex is between $34 and $40 per-sf.
LONDON-House price rises accelerated rapidly in January according to the RICS housing market survey for England and Wales for three months to January 2002.
LAKE OSWEGO, OR-Lloyd Ankeny, a director with the company since 1983 and chairman of its Audit and Compliance Committee since 1994, is a real estate investor and past president of Landmar Development Corp.
PHOENIX-The Village at Prescott Gateway and Chandler Festival Mall get 10-year signings by San Antonio-based Souper Salad. A Colliers International broker brokered all sides of the deals for the 7,976 sf of retail space.
BOULDER, CO-The gamble pays off for Promenade owner Don Oberndorf, who leased space for the first Nick-N-Willy's Famous Take-N-Bake Pizza parlor in 1989. The concept has grown to more than 11 stores.
SAN JOSE-Borelli Investment Company will combine its expertise in marketing, leasing and property management with the vast experience its newest partner has in commercial real estate.
HOUSTON-David Boyd of Boyd Page becomes president; Fred Caldwell of Caldwell Watson, vice president; and Conrad Bernard, also of Boyd Page, secretary-treasurer. The all-star lineup is in place to steer the chapter through the year.