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OAKLAND, CA-The NAACP has charged that the port did not offer an equal opportunity to minorities in selling a prime Jack London Square property. The port argues that all efforts were made to make the transaction a fair deal.
ST. PAUL, MN-Wisconsin and Minnesota hotels and restaurants win 2002 Mobil Four-Star awards. Saint Paul Hotel, American Club and Canoe Bay in Wisconsin win honors as does Goodfellow's in Minneapolis.
MANASSAS, VA-The Courthouse Professional Center becomes the property of RG Acquisitions. The real estate company purchases the 37,599-sf building from Austin, TX-based Ontra, Inc.
SAN DIEGO-The San Diego Padres have brought a lawsuit against the man who has filed several court complaints against the ballclub. The lawsuits, coupled with financial issues, have delayed construction of a new ballpark.
DALLAS-United Dominion Realty Trust seeks to regain its youth as it exercises a "buy-sell" provision in its JV agreement with Credit Suisse First Boston. Two new complexes in Texas and one in Arizona came at wholesale prices, says the REIT's treasurer.
PORTLAND-Property owners, under the threat of criminal liability, must now provide purchasers with information and records of construction projects on the property for the two years immediately preceding the sale of the property.
AUSTIN-The five-story Alamo Title building in the northwest submarket keeps its 100% occupancy in a renewal decision by Eureka E-Solutions. The firm occupies 9,500 sf in the structure, one of three in the Balcones Office Park.
WASHINGTON, DC-The District weathers the economic storm--and other problems--to emerge as one of 2001's highest performing commercial real estate markets in the country, according to Cushman & Wakefield's year-end MarketBeat series.
SAN ANTONIO-LTD Financial Services takes 17,584 sf of 81,000 sf vacated by SBC Communications. The 193,148-sf Corporate Square Tower office will house the firm's first location outside its homeport.