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CORONADO, CA-Opposition to the expansion of the historic Hotel del Coronado has prompted the city planning commission to reject the hotel's environmental impact report. Residents are concerned about parking, traffic and historic preservation.
BATTLE CREEK, MI-The deal originated out of Wexford Bancgroup of Chicago's Midwest regional office encompasses 77-unit Hidden Lane Apartments located at 612 Garrison Rd., purchased for $1.98 million.
BLACK HAWK, CO-Penn National Gaming of Pennsylvania plans to pay $6.5 million for the Bullwhackers Casino, the Bullpen Sports Casino and the Silver Hawk Saloon and Casino, which have a combined 63,000 sf of space.
BELLEVUE, WA-The consumer electronics and personal computer retailer has made a Bellevue location part of its strategic expansion plans. The company is seeking to lease land from neighboring Home Depot and construct a 46,000-sf facility there.
REDMOND, WA-Macerich Co., the owner of Redmond Town Center, will announce today the development of a 110,000-sf Bon Marche' department store next to the REI store. Construction is set to begin next spring.
LONDON-According to figures released by the Bank of England, in July the highest number of mortgages were approved since 1988, the year before the housing market swung into recession.
LONDON-In what is being seen as the first of many similar disposals regional development agency Yorkshire Forward looks set to enjoy a multi-million pound bonanza by selling property and land it currently manages for the Government.
IRVINE, CA-The 63-unit apartment building, known as Summerwood Court, has been sold by an Irvine-based investment company. The complex was 95% occupied at the time of sale.
RANCHO SANTA MARGARITA, CA-The company, which makes audio-visual products, pays privately held Rochelle Holdings more than $2.5 million for the building at 30251 Esperanza. The facility will accommodate Eiki's need for expansion space.
HAYWARD, CA-Res-Com Insulation sees its rent jump by nearly 50% despite the economic downturn, but a move would have cost them even more, says a broker involved in the deal.