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BREMERTON, WA-Citing a weak economy, Port Blakely Communities has temporarily backed out of its plans to build a 440-acre industrial and housing development here on the Kitsap Peninsula. The project has been delayed at least a year.
WHITE PLAINS-Starwood Hotels & Resorts Worldwide, Inc., has been selected as the manager of the 750-acre Phoenix Seagaia golf resort property in Miyazaki, Japan.
AUSTIN-CB Richard Ellis and CFX, an engineering firm, find space at Barton Skyway III and Terrace II in quarters vacated by software developer Vignette Corp., which vacated 121,000-sf.
LEESBURG, FL-Elected city officials are sending surgeon/developer Clayton Pruitt's proposed 3,334-acre, mixed-use venture to the Florida Department of Community Affairs after assuring themselves water, sewer, utility and other infrastructure elements would be available for the 20-year undertaking.
LONDON-Britain's own silicon valley is the country's hardest hit area in post 11 September market fallout, according to the latest research from ATIS Real Weatheralls.
SEATTLE-Changing with the market, Lorig Associates has axed 61,000-sf of office from its plans for the Welch Hardware property at 23rd Avenue and S. Jackson Street. Instead, it will add an additional 55 units of housing to the now largely residential project.
LAGUNA NIGUEL, CA-The construction company will refurbish and expand the El Niguel Country Club's locker rooms, clubhouse and outdoor patio. The project will add 9,000 sf to the country club.
MINNEAPOLIS-After selling its technology unit, Stonehaven says it will work on filling up and possibly expanding its real estate portfolio. Its four properties total 129,000 sf and are 83% occupied.
CHICAGO-Sales of class B and "four-plus-one" multifamily rental buildings in East Rogers Park and Lakeview average $70,620 per unit. The $9.6 million paid for 525 W. Oakdale St. represents one of the highest per-unit prices paid for a "four-plus-one.
NEW YORK CITY-The law firm leases an additional 25,000 sf in the 43-story Madison Avenue tower, taking over space vacated by Deutsche Post Bank AG subsidiary PB Capital Corp.