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WESTMINSTER, CO-A 12-acre site is the last large, undeveloped piece of ground in the 30-year-old Ranch community. Principals from the Vintage Marketing Group and Loup Development, including US Ambassador to the Vatican Jim Nicholson, are involved in the project.
SEATTLE-Interurban Exchange, formerly Terry Avenue Technology Court, consists of five buildings all located on Terry Avenue, between Mercer and Harrison streets. The 500,000-sf project is a joint venture between Schnitzer Northwest and Paul Allen's Vulcan Inc.
SUGAR LAND, TX-The Home Theatre secures 1.3 acres for a store that is ticketed to open in the fall while Aaron Bros. leases 6,689 sf at the developing 43-acre Sugar Land Town Center Lakeside in the First Colony neighborhood.
AUSTIN-The Jack S. Blanton Museum of Art gets a green light on its design and funding from the University of Texas. Kallmann McKinnell & Wood Architects of Boston designed the structure, which breaks ground later in the year.
PHOENIX-Pat Gehm, a 22-year veteran of commercial real estate, leaves Hines Interests after 15 years. He is now director of management services for metro Phoenix. It's part of an expansion play by Grubb & Ellis' Phoenix office.
CAPITOL HEIGHTS, MD-Hampton Overlook office/flex space complex and Hampton South Business Centre warehouse sell for a combined $12.4 million to AFL-CIO Building Investment Trust.
AUSTIN-Image Microsystems and Comac Inc. take a combined 44,800 sf extra at ProLogis Park Walnut Creek. The duo now occupies a whopping 99,200 sf at ProLogis Park Walnut Creek, where vacancy is just 2.2%.
IRVINE SPECTRUM, CA-A nonprofit organization grabs the 5,280-sf property in a deal valued at $1.1 million. The transaction comes as the South County office market is experiencing an increase in vacancy.
BRIDGEWATER, MA-This town and Raynham prepare to vote on a $76.5 million regional high school project. Voters in this town have more at stake because the town is considering acquiring Raynham's share in the high school as well to develop a middle school for Bridgewater there.
OAKLAND PARK, FL-The two-year, $423,920 contract at the 188,000-sf Oakland Park Station brings the 45-year-old renovated park to 33% occupancy. The suburban Fort Lauderdale, FL site was the original Sears Roebuck & Co. regional distribution and repair center at 1201 NE 38th St., about 25 miles north of Downtown Miami.