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CHICAGO-A blighted an overlooked area of the city's West Side could get long-awaited retail development through tax increment financing after a favorable recommendation by the community development commission.
BETHESDA, MD-Taking their relationship further into the future, CoStar Group Inc. and Julien J. Studley sign a long-term agreement allowing JJS to benefit from CoStar's database of extensive commercial real estate property and tenant information. Neither party is disclosing the financial terms of the deal.
SAN ANTONIO-This week, David Gold and his property management and leasing team move into its new quarters at REOC Partners. The seven-member Gold team's official start date is Jan. 1, 2002, culminating an amicable parting from Koontz-McCombs.
PORTLAND-With plans to spend $200 million on new acquisitions in 2002, the billion-dollar company run by local businessman Jordan Schnitzer is adding another local to his acquisitions group in Steve Wong, who has spent the last 10 years working for LaSalle Investment Management.
VANCOUVER, WA-Robert Moser says he's proud to be one the few port commissioners with public sector background to serve as WPPA president. He believes that it is appropriate because the origin of ports was to prevent monopoly of the waterways by special interest groups.
PARIS-Specialist logistics investor CELOGIX has paid 29 million £ ($26.4 million) for a 650,000-sf distribution centre close to Charles de Gaulle airport, in the north-east of Paris.
SOUTHFIELD, MI-A multifamily property here sells for almost $17 million - nearly $100,000 per unit -- to a condominium developer. Meanwhile, 22 units in Lansing, MI trade for $500,000.
WEST PALM BEACH, FL-The Harvey Building, a 14-story, 93,000-sf building built in 1925, is one of the most recognizable on the West Palm Beach skyline. The property goes from one local real estate management firm to another in a $7.25-million transaction.
OAKLAND-The NAACP and Port of Oakland have both sent letters to John Ashcroft following the port's sale of four public buildings to a private developer. The NAACP has requested a federal investigation into the port's contracting practices.