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TAVARES, FL-Watkins Retail Group of Orlando and Peregrine Properties Inc. of San Francisco are betting the under-construction, $129 million, 325,000-sf Florida Hospital Waterman and nearby medical clinics will support their joint venture.
AUSTIN-Austin City Council is poised to vote on a $130,000 energy rebate for CarrAmerica's 192,451-sf Braker Pointe III and the under-construction 444,870-sf 300 W. Sixth St. in the CBD. The buildings save a combined 714 kilowatts.
DALLAS-The North Texas Commercial Association of Realtors pays tribute to 142 years of service. Two high-profile players get inducted into the Hall of Fame while Henry S. Miller Jr. gets the first lifetime achievement accolade for 63 years of mentoring.
SEATTLE, WA-According to Colliers International, Puget Sound posted the "strongest overall vacancy numbers in three years," with mall performance and rental rates all looking strong. The area now looks to holiday sales.
HINSDALE, IL-A $5.6-million mortgage is placed on 40 S. Clay St. after the 60,000-sf medical center in the Downtown area of this affluent west suburb changes hands. The building has 35 medical tenants.
AUSTIN-Valence Technology, now Austin-based, gets $20 million from director and shareholder, Carl Berg of Berg & Berg Enterprises LLC. The firm relocated from Henderson, NV to a 9,000-sf office in Austin's northwest submarket.
SAN FRANCISCO-Bay West Properties has formed a new entity, which wastes no time in closing its first acquisition and hiring a new manager of acquisitions. It buys 877,000-sf Stockton Industrial Park for $21.5 million.
NEWPORT BEACH, CA-WLA, a locally based private investment group, doubles up its investment in San Bernardino. The $6.2-million buy of the 178,000-sf Gifford Industrial Park is the second in a year. The investors believe the region is the next hotspot.
MARION, MA-Cranberry growers here buck the recent trend by selling their property to the town and to a land trust rather than to developers. The deal was arranged by a local environmental group and restricts development on most of the 270 acres.