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LOS ANGELES-The nonprofit Trust for Public Land gets option from developer to purchase another 20% of the 1,087-acre Westside project. The 193 acres are currently targeted for 4,400 homes and 220,000 sf of commercial space.
AUSTIN-The long-awaited move of Computer Sciences Corp. into its CBD office building starts this weekend. It will take a month of weekend moving. Meanwhile, scouts are still out to fill 108,000 sf of available sublease space.
BROOMFIELD, CO-The developer and eventual operators of a 72,500-sf facility is the second-largest athletic club chain in the Chicago area and likes the high-growth US 36 Corridor, where it has bought 6.7 acres.
LONDON-The availability of industrial space in England, Scotland and Wales continues to climb as manufacturing output drops for the second consecutive quarter. Yet agency King Sturge is putting a positive spin on the figures saying the industrial market does not appear out of balance.
LOS ANGELES-Two big transactions in past 48 hours show how investor interest in the sprawling Valley market has climbed, especially in the newer Warner Center area. Overlooked by many during the dot-com boom, its diversified tenant base is now paying dividends.
Recently the California Court of Appeal held in Watson Cogeneration Co. v. County of LA, that an assessor properly included the value of an above-market…
GRAND COUNTY, CO-Marise Cipriani says General Electric Capital Corp.'s attempts to force TransBrasil Airlines into bankruptcy shouldn't affect her "tremendous investment" in the 5,500-acre Sol Vista Ski and Golf Ranch.
GOLDEN VALLEY, MN-A pilot program is based in the Twin Cities and led by Harmon Inc. veteran Charles Mowrey. Harmon Renovation plans to launch similar pilot programs nationwide within two years.
MINNEAPOLIS-Amcon CM wins for its $28-million Albert Lea High School, while Shingobee Buildings is cited for its $2.36-million Tiowaka Spiritual Center. The St. Anthony Park Library renovation also was cited.
DALLAS-Within a year of delivering, the Phoenix has a proud new owner, Des Moines-based Principal Capital Real Estate. The trophy property is a winner in brokers' circles, bringing the highest per unit price so far this year while falling second for big ticket sales.