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IRWINDALE, CA-Freshpoint of California takes 97,794 sf of space for five years at Los Angeles Regional Distribution Center. Complex is former home of Hughes Family Markets.<p>
LONDON-One of the country's largest mortgage lenders says that the housing market is booming at an 'unsustainable' rate, sparking fears that a plunge into recession could be just round the corner.
EL CERRITO, CA- El Cerrito Plaza, located north of Berkeley in San Francisco's East Bay, is a 40-year-old, 241,140-sf mall that Regency Centers Corp. is trying to turn back into the heart of the city's downtown.
SOUTHFIELD, MI-Marcus and Millichap's local office says demand will stay high, strengthening the Detroit area apartment market, even as the economy holds down multifamily rental construction starts.
MIAMI-International Logistics Group Ltd. Inc. is paying roughly $4.76 per sf for 35,000 sf of industrial-warehouse space in the Medley/airport north submarket.
AUSTIN-Denver-based AIMCO has closed a $49.6-million refinancing package, arranged by Holliday Fenoglio Fowler. The deal encompasses Austin's The Hills at the Arboretum and multifamily complexes in Miami and Lombard, IL.
HOUSTON-A former exec at Transwestern Commercial Services is on board at Dallas-based Staubach Co.'s Houston office. The 20-year veteran, Don Foster, has been named vice president of the corporate services group.
DALLAS-North Texas' tallest building is marking a first, using an innovative rooftop crane system for a top-to-bottom scrubbing. The 1.9 million-sf Bank of America Plaza is the first in the nation to be outfitted with the system.
LITTLETON, CO-Adventist Hospital will double the size of the emergency department, add 32 beds to the hospital, add two operating rooms and augment the radiology department in its 130,000-sf expansion.
PETALUMA, CA-The buildings are all located within Petaluma's Redwood Business Park Other telecom companies occupying space in Redwood Business Park. The buyer was tenant Cisco Systems.