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BOULDER, CO-Walnut Canyon Partners LLC, new owners of the class-A 48,500-sf Westpeak Building, locks in a 6.75% loan amortized over 20 years from the Denver office of Guarantee Finance Corp.
ATLANTA-Michael A. Swink, Jr., former principal and senior vice president with Trammell Crow Co., will focus on asset and property management, development and construction management.
ASHBURN, VA-George Washington University picks up PSINet's leftover headquarters in a $27.5 million deal. The college and bankrupt internet access provider had to get legal approval from a bankruptcy court before closing the long-agreed-upon deal.
MIAMI-The New York developer and the Sunny Isles Beach, FL father-son team plan to break ground Feb. 9 on Trump Palace, a 47-story, 267-unit luxury condominium tower--the second of a three-phased, 972-unit venture along Miami Beach called Trump Grande Ocean Resort and Residences.
CHANTILLY, VA-TUCON Construction Corp. is working on a $6-million construction project for leading plumbing supply distributor Ferguson. Delivery on the building is slated for July.
HOUSTON-Another owner-occupied deal closes in Houston. This time, it's a 6,000-sf office structure at a major intersection in the city's western corridor. The seller had listed the holding at $548,000 after deciding to split up a two-building portfolio.
CLERMONT, FL-Yizhak Toledano, a principal in Toledano Holdings, Hollywood, FL, expects to close on the five-acre, five-building property in June for $350,000 or $70,000 per acre. The former 176-unit Citrus Sun Club site is 25 miles west of Downtown Orlando.
MIAMI-The New York developer and the Sunny Isles Beach, FL father-son team plan to break ground Feb. 9 on Trump Palace, a 47-story, 267-unit luxury condominium tower--the second of a three-phased, 972-unit venture along Miami Beach called Trump Grande Ocean Resort and Residences.