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TROY, MI-The new development will bring in a 45,000-sf office building and 140 condominiums in an already strong commercial and residential market. A 100,000-sf church also is being built on the 84-acre site.
DALLAS-The sluggish days seem to be over, with deals now closing at a brisker pace. The largest deal to come down the pike in recent days is the 1.1-acre buy of Bank of America. A new branch is being eyed for the $700,000 Mansfield site.
LONDON-Liverpool Victoria Friendly Society has bought Tempus Court, a multi-let office building completed in 1999 in Onslow Street, Guildford, Surrey. The vendor was Scottish Provident.
ORLANDO-Shaw Industries Inc., the world's largest manufacturer of tufted broadloom carpet, is closing its Flooring America division and renting out its leased space in two freestanding Central Florida buildings.
CLEARWATER, FL-Florida's largest independent real estate brokerage has signed a strategic alliance with the Bradenton, FL-based research house to provide online commercial property mortgage and investment market data. Terms of the deal weren't disclosed.<p>
LONDON-Irish investor Dunloe Ewart has started the partial liquidation of its property portfolio with a series of investment disposals in Scotland and Northern Ireland.
PARIS-Dutch investor Foram International Holdings has bought a portfolio of 40 shops across France from Eurinvest L&G. The vendor is looking to diversify its holdings into other European markets.
FERNDALE, MI-Residents don't want a convenience store near their homes, and their protest to the city council succeeds in defeating a proposal for one on the corner of Woodward Avenue and Oakridge Street.
HOUSTON-Trammell Crow Co.'s Houston investment sales team has reached a year-to-date $160-million mark. Rusty Tamlyn, Ralph Tullier and Aaron Thielhorn have closed eight deals, totaling 3.3 million sf, including a recent triple play.
TROY, MI-The new development will bring in a 45,000-sf office building and 140 condominiums in an already strong commercial and residential market. A 100,000-sf church also is being built on the 84-acre site.