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PHOENIX-The 182-unit Eucalyptus Village in the city's northwest corridor has baited a $5.15-million sale between private investors from California. Buyer Terrance Barry is planning to rename the complex, located in one of the area's primary industrial sectors.
LONDON-Building materials supplier RMC has taken the final space in Teesland's Camden House office development in Stockton-On-Tees. The letting clears the way for a start on a second speculative phase.
SAN DIEGO-A high-rise condominium project as well as a new temporary location for the San Diego Children's Museum/Museo de los Ninos has won approval by the redevelopment agency in charge of Downtown projects.
MINNEAPOLIS-Northwest Airlines creates 21,000 jobs, pays $1.2 billion in wages and spends $2 billion on flight-related goods and services, according to a study done by a joint task force of business and community leaders.
DENVER-Alvarado Construction puts finishing touches on a $3-million renovation of the former Denver district attorney's office, which closed in 1984. Scenes from "Perry Mason" were shot there.
LONDON-The London Development Agency's new Economic Development Strategy plans to spread the benefits of London's economic boom into some of the capital's poorer districts.
AUSTIN-Broadwing Communications has connected with Hotel Net Inc. in an $18-million deal to provide reservation and business services to 1,700 hotels nationwide. The Austin-based broadband provider maintains an 18,500-mile optical network.
ATLANTA-The nation's largest branded marketer of baby and toddler apparel, based in suburban Morrow, GA, is being sold in a deal valued at $450 million. Included in the deal are William Carter's 149 retail stores totaling an estimated three million sf. New York's Investcorp is Carter's partner.
GROVELAND, FL-Crystal Lake Executive Park is the newest venture proposed in South Lake County's booming industrial market, 30 miles west of Downtown Orlando.
PORTLAND-A new program authorizes the city to issue up to $25 million in tax exempt bonds to finance moderate-income rental housing that may ultimately generate income for more low-income housing.