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HOUSTON-A third-quarter analysis of Houston's multifamily market shows the highest occupancy jump in nearly three years. The accounting confirms what brokers have been saying all year. Rent too is up in the 441,660-unit inventory.
DUBLIN, CA-While many residents want to keep it exactly as it is, an open space plan has been presented to the City Council that contains two options: preserve it all or preserve most of it and develop a little as well.
LINDEN, NJ-Manheim Auto Exchange's transaction is the second recent lease Coldwell Banker Commercial/Feist & Feist has arranged for an auto auction tenant in Central New Jersey.
EDEN PRIARIE, MN-Distribution facilities were built in Boston and the St. Louis areas, then sold to investors. New Jersey-based Monmouth Real Estate Investment Corp. bought the St. Louis facility.
GREENVILLE, SC-The auto manufacturer is taking the space on 14.7 acres for at least 10 years and expects to invest $4 million in the structure scheduled to open in April.
ORANGE COUNTY, CA-Orange County's public toll-road agency has begun replacing the battery-powered devices used to pay tolls with solar transponders. The pilot program, which is the first of its kind, is expected to save the agency around $50,000 during the course of the next 10 years.
ORLANDO-Equity One, a Miami REIT, is borrowing the funds at an undisclosed interest rate on the 328,500-sf strip shopping center anchored by Albertsons supermarket and K-mart.
SADDLE RIVER, NJ-The three-story Saddle River Executive Center, which is expected to be ready for occupancy by next summer, is being developed by Kwartler Associates.
GRAND PRAIRIE, TX-Wynne/Jackson of Dallas and the City of Grand Prairie mark a monumental ground-breaking for a $350-million residential plan with an initial 20 acres of retail. Another 100 city-owned acres are ticketed to be a commercial destination point.
SEATTLE- The locally-based coffee company plans to construct a third North American roasting facility in Carson City, NV. The facility will be used mainly to supply markets in the Southwestern United States.