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BUFFALO GROVE, IL-Chicago-based Invesco now owns the retail center anchored by a 62,782-sf Jewel/Osco that is undergoing major renovations. Boston-based T.A. Realty sells the property at the northeast corner of Lake-Cook Road and Route 83.
LONDON-Take-up in the M25 office markets bounced back in the final quarter of 2001, according to Knight Frank's latest research. But a lack of pre-lettings means availability has risen almost 50% during 2001.
SAN DIEGO-The city has been named one of 40 "renewable" communities in the country, opening the door to federal perks for some of the city's most blighted areas. The distinction qualifies the area to take part of the $17 billion earmarked for redevelopment incentives.
BRIDGEWATER, NJ-Ortho Biotech, which generated $3.4 billion in sales worldwide last year mostly because of its Procrit treatment for anemia, will move into a new 127,000-sf building here by mid-year.
GLENDALE, WI-Dallas-based Corrigan Properties is embarking on a 250,000-sf expansion project, but a public-private partnership could add office space and multifamily development to the evolving suburban mall's fringes.
DALLAS-Ninety-eight commercial properties are ticketed for foreclosure action in Tarrant, Denton, Dallas and Collin counties. The roster's persona is changing and will continue to reflect higher value properties through midyear, says a market watcher.
ATLANTA-Marla Ailion is the new director of office properties in the Atlanta office of Advantis Real Estate Services Co. She has 18 years experience in commercial real estate and will oversee tenant and property owner representation in her new post.
ATLANTA-One of the nation's largest real estate firms bought one of Atlanta's largest independent real estate firms. NRT, which does business under the names ERA and Coldwell Banker, bought Atlanta's Northside Realty. The acquisition price wasn't disclosed.
PLANO, TX-Quadrum US Inc. is relocating from Galleria North in Dallas to Willowbend Center I in Plano, thanks to a consolidation by Agency.com. The sublease pact puts the incoming tenant into office accommodations at a solid savings, says a broker.
CANTON, MI-A 108,000-sf office complex at 6050 Haggerty Rd.owned by Kirco Realty and Development is leased to Yazaki North America, Inc. Signature Associates-ONCOR International of Southfield also handles the sale of a 9,960-sf warehouse in Clinton Township.