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IRVINE, CA-The 171,979-sf mixed-use Palm Court development is now under the ownership of Connecticut General Life Insurance. Financial terms of the acquisition were not disclosed officially, but brokers in the area say the transaction is worth about $35 million.
SEATTLE-"But that's what happens when tenants sign 10-year agreements," says Arne Gillam, director of leasing for Unico Properties, who recently resigned five tenants to space at Unico's One and Two Union Square properties in Downtown Seattle.
SEATTLE-The 75-unit complex by Harbor Properties is scheduled for completion in July 2002. Pre-leasing will begin next spring. The locally based developer is also working with Paul Allen on an office building in the South Lake Union area.
WASHINGTON, DC-Among the transactions, the retail-only real estate services group helped place retailers in a North Carolina mall, a Buffalo, NY warehouse and brokered sale of land for Washington strip mall.
SAN DIEGO-A development company co-owned by San Diego Padres owner John Moores has reached the halfway mark on Del Mar Marriott, a new 12-story, 284-room hotel in the San Diego Corporate Center.
HOUSTON-A pet hotel and resort operator is planning a facility on a three-acre tract in Ft. Bend County. In another freshly closed transaction, the W.W. Scarborough trustees have picked up 19.7 acres near Hiram Clark and W. Airport Boulevard in Houston.
SAN JOSE-The 21-story, 336,000-sf structure, to be located at 8 East San Fernando, will be the tallest building in the city. Skidmore, Owings & Merrill is the architect for the project.
HOUSTON-A.G. Edwards and a Houston law firm are moving lock, stock and barrel into new offices. The investment firm heads to a Crescent building while the law firm goes to a BGK Texas holding along N. Loop West.
SEATTLE-Despite missing Robertson Stephens' earnings estimate by a penny this week, analyst Jay Leupp views the self-storage REIT's first quarter results as moderately positive -- especially new store openings. The company's stock price hit a 52-week high last week.
BOSTON-State Street Corp. has signed a deal to lease the entire office tower being built here at 1 Lincoln St. near South Station. The 1.1 million-sf tower won't be ready for another two years.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource