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DENVER-Larimer Square remains the top choice for a House of Blues restaurant, music hall and retail space despite the city's first historic redevelopments ascension to one of the most expensive retail spots in the area.
SAN FRANCISCO-The online procurement company nabs space at 1069 Howard St. in San Francisco for $24 per sf, 50% what the previous tenant paid. The previous tenant, a dot-gone, was paying $52 per sf.
CLARKSVILLE, TX-A Houston-based foundation is auctioning off some 4,000 acres of farm and ranch land in a strategy to deploy proceeds into its philanthropic activities. Earlier this week, about 500 Grand Prairie acres had been on an auction block.
ANN ARBOR, MI-The new 330,000-sf Catholic college is being funded by former Domino's Pizza and Detroit Tigers owner Thomas Monaghan. Barton Malow Co. of Southfield,MI is awarded the construction contract.
LOS ANGELES-A new report from Delta Associates says vacancies will drop over the next two years, as development slows and demand keeps growing. Delta is the research arm of Chicago-based property-management giant Transwestern Commercial Services.
FT. WORTH-Crescent REIT and its three-year-old operating company are parting ways in a $78.4-million deal made possible by the REIT Modernization Act. It's a win-win for all, says Crescent's VP of investor relations.
LOS ANGELES-The university's Anderson School of Business, whose reports have been accurate in the past, pegs chances of a full-blown recession at 80% over the next few quarters.
DENVER-The 220-unit Greenhouse project has been talked about since the early 1980s. Now, developer Mickey Zeppelin plans to start work on the building with units priced from $160,000 to $600,000.
TARRYTOWN, NY-While there is certainly less leasing velocity in the Westchester County office market recently, the region has been able to maintain the status quo, according to CB Richard Ellis' Frank Tomasulo.
LEESBURG, FL-A surgeon who owns the land wants this Central Florida city of 15,624 permanent residents, to annex his dirt in one fell swoop so that he can then sell the tract to developers for a multimillion-dollar mixed-use venture, 45 miles northwest of Downtown Orlando.