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RANDOLPH, NJ-The locally based developer paid $227,500 for the tract, on which it plans to build a speculative industrial building. Delaware Hudson Realty arranged the sale.
DENVER-New stores are in the Crystal Lake Mall in Crystal Lake, IL; the Southwest Plaza III Shopping Center in Springfield, IL; Burbank Empire Center in Burbank, CA; and Arbor Lake in Maple Grove, MN and in Frisco, TX.
DALLAS-Four hotel properties get foreclosure notices while others quiver on the edge. Some hotels have closed all or part of their operations. And, the big rumor is Adam's Mark Hotels & Resorts is looking to sell. Fact or fiction, the reality is a shakeout has begun.
VANCOUVER, WA-The non-profit Southwest Washington Medical Center puts its 287,000-sf expansion and remodel into the hands of Hoffman Construction Co., which has an impressive resume of related work, including Doernbecher Children's Hospital.
AUSTIN-A Reserve tenant boosts its office space by 5,272 sf. Jones Energy, headquartered in Austin, occupies building five in the eight-building, 84,442-sf office park in the city's southwest submarket.
PORTLAND-City council are reportedly leaning toward preserving the 1,600-acre Guild Lake Industrial District, which means continuing to deny warehouse retailers access to the area.
ATHENS, GA-In a $22.9 million transaction, the Legacy Mill apartment community changes ownership from Legacy Mill L.P to New York's the Benchmark Group. The 352-unit property carried a construction price tag of $19 million at the start of its construction back in 1998.
CHICAGO-A bankruptcy filing by Primestone Investment Partners stops a Tuesday foreclosure auction sought by Vornado Realty Trust, which sells half of the debt to the former Prime Group Realty Trust suitor.
ANAHEIM, CA-De Young Construction Co. scoops up the 4.1-acre parcel and plans to build a mixed-use project on the site. Two restaurants currently stand on the property.
NEW ROCHELLE-A developer has decided that, in spite of weak economic conditions, the time is right to invest in a number of major real estate ventures in the New York Metro area.