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SAN ANTONIO-It's a rare find for a group of San Antonio investors, who have latched onto a 31-unit downtown San Antonio complex. Numerous buyers had jockeyed for the 16-year-old property along Broadway.
ATLANTA-The locally based REIT declared a third-quarter, 78 cents-per-share dividend on its common stock, along with regular quarterly dividends related to its cumulative redeemable preferred stock.
PRINCETON, NJ-Sweetwater Construction has completed the fit-out for the wireless products and services provider within the new 180,000-sf, class A 100 College Road East.
WILLINGBORO, NJ-ReNEWal Realty, which is in the process of converting the defunct Willingboro Plaza shopping center into a mixed-use property, will manage the project from on-site.
WALTHAM, MA-A high tech bust and a slowing commercial real estate market here has apparently not deterred three brokers who have opted to leave Meredith & Grew Inc. to form a new realty firm here. The firm will focus on the needs of tech-based clients.
MIAMI-Slack demand and sublease glut is affecting negotiations for class A office space throughout the tri-county region, though asking rents continue to rise in Broward and Miami-Dade counties.
ALEXANDRIA, VA-The second phase of this planned, mixed-use community will be 332 apartments. The first phase of 510 apartment is expected to deliver in the fourth quarter of this year.
DALLAS-Some major players in the Dallas-Ft. Worth region have added to their teams or promoted from within in personnel changes over the past week. At Wyndham International, the team is all smiles over awards and national leadership roles.
FORT LAUDERDALE, FL--The co-founder of Microsoft Corp. now owns 5.34% of the publicly traded common shares in the locally based developer-operator of extended stay lodging facilities.
ANAHEIM, CA-The option has expired due to lack of financing, leaving the parcel near Edison International Field up for grabs. The project's developer, Glacier of Anaheim LLC, says it is exploring alternative financing options and hopes to get the project moving forward again.