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WARREN, MI-A 312-acre parcel owned by General Motors Corp. and now zoned for industrial use will be the site of a retail and residential development. The automaker wants to see proposals by Dec. 5.
ARLINGTON, TX-It's been a busy week at Henry S. Miller Commercial, where the brokerage has been involved in lease deals for more than 20,000 sf. Two of the leases are here and the other is in Dallas.
AUSTIN-A state agency is seeking input from brokers on how the outsourcing process should work. It's a potentially huge client. State government leases more than 11 million sf in 321 cities, including 3.2 million sf here.
BEAVER CREEK, CO-The 273-room property with a new 20,000-sf spa becomes the Chicago-based Hyatt Hotels Corp.'s 19th Park Hyatt, its designation for its top hotels, in the world.
WASHINGTON, DC-All facilities of the University of California Washington Center are now under one roof as the college extension moves into a new 176,270-sf building. Located on Rhode Island Avenue, UCDC's new home cost somewhere between $24 and $27 million.
TUSTIN, CA-A private investor snaps up the 138,591-sf property. The three-building complex was 94% occupied at the time of sale. The Tustin office sector has experienced a negative net absorption of 3,477 sf for the first three quarters of 2001.
CHICAGO-A mixed-use redevelopment project for a major Uptown intersection is on its way to a city community development commission hearing Dec. 18, when the debate over the use of $6.75 million in tax increment financing is rekindled.
DETROIT-The Southeast Michigan Council of Governments releases its 2000 census tract maps for Southeast Michigan, which include population and economic data valuable to retail users and other professionals.
BOSTON, MA-Can commercial real estate sales next year match the record-setting pace set in 2001? With supply down and prices higher than buyers seem willing to pay, it's doubtful the market can sustain the current level of activity next year.
WOOD DALE, IL-Comdisco sub-leases 69,995 sf to Time Definite Services Inc. at 1421 N. Wood Dale Rd. while Westye Group ends a nine-month search with a long-term lease for 50,996 sf in the Glendale Heights Business Center.