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NILES, IL-The bus parts and accessories manufacturer and distributor pulls off what is believed to be the first Reverse Starker Exchange here, buying a $5.75-million warehouse three months before selling a $2.65-million facility.
POULSBO, WA-Plans to put an Olympic College branch here have been placed in limbo, along with $300 million in construction projects being halted state wide because of an ailing economy.
ARLINGTON, VA-Washington Mayor Anthony Williams traveled a short distance across the Potomac River late Wednesday afternoon, along with area congressional representatives, to press the Bush administration to re-open the airport. Closed now for nearly three weeks, the region is losing $5 million each day it's closed, and the airport and the businesses within it have laid off more than 10,000 employees.
DALLAS-Post Properties realizes $24.7 million in gross proceeds from back-to-back sales, one of which is a 1.5-acre tract in Dallas' upscale Uptown neighborhood. The REIT adds to its gains by leasing up its 384-unit Post Legacy in Plano.
FRISCO, TX-Hall Financial Group is working the multifamily market, hawking 12 communities for $73.7 million and lining up $100 million in refinancing for 18 others. You just can't ignore the rates or buyers' appetites, says a Hall senior VP.
COSTA MESA, CA-Locally-based development giant C.J. Segerstrom & Sons wants to build a 93-acre mixed-use project on a parcel currently used to grow lima beans. It received the Planning Commission's blessing earlier this week.
AUSTIN-The state capital's retail arena is hot property, evidenced by two openings by nationwide retailers. Grocer Randalls is cutting the ribbon on its 13th Austin location and Home Depot, its eighth in the region.
BROOKLYN CENTER, MN-The new facility gives the Toro distributor a larger product display and improved customer access in the new France Avenue Business Park II complex. The firmn also has an office in Fargo, ND.