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REDMOND, WA-Ahead of schedule, construction crews recently completed the steel topping out of the four-story, 214,000-sf class A office building being developed by Hart Properties along Highway 520.
AUSTIN-American Vantage is locked in talks to buy the 97-room Adventure Inn, part of an eight-acre holding at Horseshoe Bay. But, a company VP cites SEC regs as she maintains silence about the details for a 250-room hotel and conference center.
CORAL GABLES, FL-The locally based bank holding company is calling 697,117 in outstanding preferred shares just days after netting about $74 million on the sale of newly issued common stock. BankUnited is an active commercial real estate lender.
ST. PAUL, MN-The organization is Minnesota's largest non-profit developer and provider of affordable housing with 3,000 units in 40 projects in the Twin Cities. The new board includes two nuns and a community activist.
SAN FRANCISCO-The new lease by Huntsman Architectural Group at Shorenstein's 50 California office Building is one of few whole-floor deals signed in recent months.
AUSTIN-It's a slower industrial sector than last year in the state capital, but the numbers show that tenants are gaining ground in a historic owners' market. The sector is holding its own while bracing for 850,000 sf of sublease to free up in Q3.
LONDON-US-based facilities manager Gale & Wentworth has stepped up its presence in the UK market with a major contract win for GlaxoSmithKline's global headquarters now nearing completion in Brentford, West London.
SAN DIEGO-A publicly traded homebuilder has announced that it is developing a Del Mar Heights project as part of a strategy to diversify into apartment construction and leasing.
DENVER-Retail, particularly grocery-anchored retail centers, are sought after in the market but the associate director of Cushman & Wakefield's Denver office predicts a 36% drop in office, industrial and retail sales volume.
DUBLIN, CA- The proposal for a three-story building seemed to be a sure thing, as the land is zoned for office use. But city officials, heeding citizen requests it be turned into a park, are revisiting the plan by Berkeley Land Company.