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SAN FRANCISCO-A recent report shows promise for the San Francisco Bay Area office real estate market -- five-weeks of relative stability after months of rising vacancies.
SONOMA, CA-The initiative proposes to bring small-scale farms to 5 of 15 properties owned by the Sonoma County Agricultural and Open District, which will offer them for lease to small farmers before next year.
DEARBORN, MI-Family of former New York congressman buys 200,000-sf of property in Dearborn from the Principal Financial Group, which is rearranging its assets as the company goes public.
TEMPE, AZ-Net Strategies will relocate from Mesa into a 10,400-sf Tempe spot once occupied by Valley Furniture along W. University Drive. The flex space is positioned in a submarket that ranks second in the region for its vacancy rate.
WINONA, MN-The maker of bolts and fasteners, which has opened up 155 stores over the last year, plans more ribbon-cuttings. The retailer is hoping for major sales once the econcomy recovers.
BRANCHBURG, NJ-Branchburg II, targeting office/warehouse and high-tech users, will be the second facility at Murray Corporate Center in this Somerset County community.
MISSION VIEJO, CA-Privately held Westwood Financial acquires the Gateway Center shopping complex and simultaneously announces renovation plans. The 82,000-sf development is 95% leased.<p>
WASHINGTON, DC-A recent survey, conducted by CBIZ Valuation Counselors and the National Investment Center for the Seniors Housing & Care Industries, projects that a record $10.8 billion of financing may be provided to the sector in 2001. The previous record of actual financing was $9.4 billion in 1998.
TUCSON-A California family trust buys the 108-unit Coachlight Plaza from Tucson investor Dan Felger in a $2.9-million deal. Felger, who's owned the university complex for six years, snags a little more than $27,000 per unit for the Tucson property