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BLOOMINGTON, MN-Glenn Wilson will be first vice president of bond serving acquisitions for Firstar Home Mortgage, which will soon be renamed US Bank Home Mortgage, after running a mortgage company and heading GNMA.
LOS ANGELES-A trust has purchased a three-story Ventura office building for $3.3 million. Major tenants in the 34,008-sf facility include the Santa Barbara Bank & Trust, the County of Ventura and the law firm of Beach, Proctor, McCarty and Slaughter.
BELLEVUE, WA-The 357,000-sf Technology Center was to be the first of seven towers on Eugene Horbach's property at the Southwest corner of NW Fourth St and 108th Avenue NE. But, hard times have arrived-construction has stopped midstream.
AUSTIN-Ken Wheeler is taking over as president of CIP Property Management Services, an affiliate of NAI/Commercial Industrial Properties Co. in Austin. Wheeler is a 20-year veteran. Also on board is a new property manager.
ELGIN, IL-A proposed 176-unit development overlooking the Fox River is expected to do what the Grand Victoria riverboat casino has failed to do--spur redevelopment of this city's moribund Downtown.
WASHINGTON, DC-To what extent does providing more efficient office workspaces affect the return on commercial real estate assets? That's the question BOMA hopes to answer in a new research and education project.
NEW YORK CITY-The transaction is said to be the largest sale of US Government assets online. Hanover Capital's AssetOnsite allowed bidders to view details of three loans pools, including the results of due diligence.
FLAGSTAFF, AZ-Flagstaff Medical Center has added another phase to its ongoing campus expansion and renovation. The latest project to break ground is an $18-million Women and Infants Center and four-story, 400-vehicle parking garage.
MENLO PARK, CA-The property, known as San Gregorio Farms, was acquired from private owners and will connect three other protected properties to create 3.5 continuous miles of open space along Highway 1.