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BOCA RATON, FL-The Atlanta-based developer renegotiates terms of a $12 million loan on a 192,187-sf retail site in this Palm Beach county city, 42 miles north of Miami.
HOUSTON-It's not the Boeing Co.'s headquarters that's landed in Texas, but it's just as prestigious. The aerospace giant has inked a seven-year, 157,000-sf lease near NASA in Clear Lake for the International Space Station Program.
DALLAS-A 15-year veteran of Lincoln Property is the new senior vice president at Beechwood Development Co. Tom McElroy says some people thought he'd never leave Lincoln, but he relishes building projects and team "from the ground up.
LONDON-Cheapside, the prime retail pitch in the City of London, could be set for a surge in rental values according to a new survey from agent Churston Heard and economic analysts Business Strategies.
DENVER-Commercial real estate brokers and lawyers who were against last year's Constitutional Amendment to control growth say they might vote for it if legislators don't compromise.
DENVER-The $12 million spent by Toronto investor Abdul Lakhani to renovate the Red Lion Hotel is more than twice he paid for a struggling former Holiday Inn in 1999 after Stapleton International Airport closed.
SEATTLE-A residential real estate developer has sold the Pang frozen-food warehouse site to a longtime commercial landlord who owns the rest of the block on which the warehouse sits.
DALLAS-Investors like what they find in the Sun Belt's multifamily market and lenders are rallying to their sides so deals can close. Debt and equity sides show strong appetites for the Texas market, with Arizona midway through a second strong buy and sell year.
VANCOUVER, WA-The 33,600-sf office building, 40% preleased to one tenant, is part of a 24-acre commercial development at the intersection of 34th Street and 192nd Avenue in East Vancouver that will eventually include a 110,000-square-foot, grocery-anchored shopping center.
BOSTON-Colliers International's survey of 15 major Downtown office markets reveals an unexpected 651% increase in sublease space here. Recovery is not around the corner but when it comes it should be quick.