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SUN CITY, AZ-G&D Investments of Kent, WA has paid $6.2 million for the 107,750-sf La Ronde Center along N. Del Webb Boulevard. The New York City-based seller has sold the Sun City property after owning it for four years.
CHICAGO-Trammell Crow Co. is marketing the 11-story, 302,088-sf class A office building at 8550 W. Bryn Mawr Ave. near O'Hare International Airport on behalf of owners South Charles Capital Corp. and GVA Williams.
LOS ANGELES-The architecture and engineering giant will relocate to the CBD, bringing more than 500 workers with it. The move is seen as the biggest boost yet for Downtown's fledgling comeback.
DENVER-More than 60% of the 94 units, from about $225,900 to $695,000, have been sold at the WaterTower Lofts in the Prospect Park neighborhood. However, the drop in interest rates hasn't boosted sales.
HOUSTON-Discount clothing retailer Weiner's thought it could emerge from a Chapter 11 bankruptcy filing until a slump in Easter sales and Tropical Storm Allison. Now, 97 locations are being shuttered and all assets sold.
PORTLAND-In the past four weeks, state and local governments have heard from companies seeking a combined 100 acres of land and 600,000 sf of buildings for industrial uses. Better yet, they're looking to close deals soon in order to be operating by late 2001 or early 2002.
NEW YORK CITY-The slump may not go away quickly, but that leaves the door wide open for the right play, say directors of the locally based opportunity fund.
MIAMI-A new report by Cushman & Wakefield of Florida Inc. shows vacancies at 14.6% in Broward, up 1.1%; and 14.2% in Dade, up 2.9%. Palm Beach County's vacancy rate moved down slightly in the second quarter from 12.9% to 12.8%.