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SAN ANTONIO-A 147,325-sf user in the Interchange East Industrial Park in San Antonio's northeast submarket boosts its lease by 18,675 sf. Another NE industrial tenant signs a renewal for a 13,093-sf spot in the Macro Industrial Park.
PORTLAND-McCarthy is waiving its fee to renovate the agency's 17,000-sf former video and grocery store at North Lombard Street and Leavitt Avenue. Upon completion, the facility will feature therapeutic daycare classrooms, staff offices, support areas, respite care, and parent resource rooms.
LONDON-A rush of investors into the auction room has driven London auction sales to new record levels. October saw the UK's biggest-ever sale when Allsops knocked down 215 properties in two days.
LONDON-Haslemere Estates, the UK arm of the Dutch fund Rodamco, has sold 30 industrial units totalling 157,000 sf in East Kilbride, Scotland, to the Ashtenne Industrial Fund.
MIAMI BEACH, FL-Condominium owners relinquished title to individual units in the six-story, 50,000-sf property in exchange for an equity stake, clearing the way for a Dec. 19 auction.
FRANKFURT-Hotel investment across Germany fell in 2001 after the bumper year 2000. However, demand remains strong and research from Jones Lang LaSalle shows there is still demand if the right property becomes available.
ARLINGTON, TX-Windstar Land Partners III gets a $4.1-million loan by leveraging ground leases to get capital for other real estate ventures, says Holliday Fenoglio Fowler's senior director who structured the deal. American United Life finances the 10-year loan.
SEATTLE-King County Councilmember Maggi Fimia has released a list of projects that could be in fiscal jeopardy under the budget proposed by County Executive Ron Sims for FY 2002. Included in that list are an upgrade of the Burke Gilman Trail and the Magnolia Dairy Project.
CHICAGO-All but 30,000 sf of lease expirations in 2002 have been wrapped up, while just 148,000 sf in the 3.5-million-sf tower comes up for renewal in 2003. TrizecHahn does project a $750,000 hit in lost Skydeck and retail revenue.