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DENVER-A softening local commercial market isn't barring Denver from a Top 10 ranking by a Cushman & Wakefield of Colorado senior director. The coming year looks promising for a city that still has the attention of investors.
LONDON-Outlet mall specialist Freeport has unveiled plans for a 110,000-sf extension to its 180,000-sf outlet village at Braintree in Essex. The new leisure-led phase will include a cinema, health club and family entertainment centre.
HUNTINGTON BEACH, CA-New Life Rehabilitation acquires the 15,431-sf property, which was formerly occupied by Union Bank of California. The new owner has some changes planned for the Huntington Beach facility, including the addition of an indoor pool.
PLEASANTON, CA-Cities are scrambling to replace technology firms that have gone under with more reliable substitutes. The city of Hayward invested a lot of time and energy into attracting biotech firms, and it resulted in a recent $4.9 million deal.
PHOENIX-Finish-out is starting for Silverado Industries, which has leased 13,984 sf at EJM Development's 75th Avenue Commerceplex. The project reaches 67% occupancy with the five-year signing. More deals will close soon, says the listing broker.
LOS ANGELES-Retail property investors here and across the US are trying to figure out whether prices are poised for an increase or will keep dropping further. The mixed bag of holiday sales reports from chains and independent operators doesn't help.
ATLANTA-The Federal Home Loan Bank of Atlanta is helping public-private partnerships build single-family and multifamily housing for low-income and moderate-income families in 10 communities.
BIRMINGHAM, AL-The Alabama-based mortgage banking company, with offices throughout the Southeast and Atlanta, elevates Patricia O'Bannon Muse and Jackie Williams.
DALLAS-Centex Construction this morning will give a $55,000 check to the women's auxiliary of Children's Medical Center of Dallas. In the past decade, an annual golf tournament benefit has donated $360,000 to the yearly fund drive.
IRVINE, CA-The commercial real estate services firm represents two California-based technology companies in the transactions, which are worth more than $2 million combined.