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KATY, TX-Souper Salad head to Katy in the far west submarket and Sears Roebuck picks a location in the northwest. For the San Antonio-based restaurant chain, the opening will mark its 14th in the Houston region.
ANN ARBOR, MI-This college town is a hot market, says a developer who's pushing through plans for four mixed-use developments, priced at about $40 million, in the popular Downtown area.
DALLAS-Dallas-based Presidio Investments sells a 184,937-sf vacant bank building in the heart of Wichita, KS to a call center operator from California and Nevada. The $1-million deal is the largest to close this year in the city's depressed market.
AUSTIN-Three tenants could be opening doors soon on inline space in the Center Park at Tech Ridge. Capital Vineyards should beat the holiday shoppers' clock, but RadioShack and Image Tile may have to wait until next week.
BALTIMORE, MD-Crestline Capital Corporation sells the Baltimore Inner Harbor Courtyard hotel to RLJ Development for $26 million. Crestline's management subsidiary, Crestline Hotels & Resorts, Inc., will operate the hotel.
BROWARD COUNTY, FL-Rancho Mirage owners sell their 12.6-acre ranch along Stirling Road for $130,158 per acre. The acreage has more than quadrupled in value since 1974. The selling price translates to $2.98 per sf.
ORANGE COUNTY, CA-The Automobile Club of Southern California pays $6.3 million for a 68,708-sf industrial building in Westminster, while Abbey Co. picks up an 82,010-sf business complex in La Mirada for $5.9 million.
ST. PAUL, MN-The developer has opened 30 hotels, and has two under construction. Its Residence Inns and SpringHill Suites get high customer satisfaction scores while its Courtyard project is used as a prototype.