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NEW YORK CITY-They include winners of REBNY's Most Ingenious Deal of the Year Award, the negotiator of the largest office lease in Manhattan and the winner of the company's Midtown Broker of the Year Award.
SAN DIEGO-A Los Angeles-based real estate investment banking firm has secured a $33-million interim loan to expand a 542-unit, seniors apartment project in University City.
MINNEAPOLIS-The former Lyon Financial Services, now US Bancorp Business Equipment Finance Group, is expected to move this fall to a new building in Marshall, MN.
DENVER-Denver voters most likely will get their say about a $55-million subsidy to developers for the planned $220-million Hyatt Regency Hotel. The opposition camp says no money unless Hyatt agrees to remain silent as the hotel union courts workers.
PRINCETON, NJ-A range of tenants, from a top financial brokerage to a battery manufacturer, sign on at the 16-building, the class A Carnegie Center, which has the rights to develop another two million sf.
FORT MYERS, FL-The low-key Flagler County-based development group assumes an option on 2,500 acres near Florida Gulf Coast University, then negotiates another option to acquire an adjoining 2,000 acres from Alico Inc., GlobeSt.com has learned from public records. Fort Myers is 118 miles northwest of Miami.
TINLEY PARK, IL-The booming submarket is missing one thing, says Illinois Development Finance Authority executive director Patrick E. Rea - "a research university to support 21st-century type businesses.
MINNEAPOLIS-Big surge in subleased space is part of the reason for a rise in the office vacancy rate to more than 10%, the first time it's been there in five years, according to a Grubb & Ellis report.
SEATTLE-The Alexandria, VA-based REIT paid $129.3 million for a total of 995 units in Issaquah, Lynwood and Everett as part of a nine-property portfolio acquisition from developer Trammell Crow Residential.
THE WOODLANDS, TX-A construction milestone will be reached April 24 when the 30-story Anadarko Tower tops out. The 800,000-sf project will deliver in spring 2002, giving the energy company some 1.1 million sf of office space in The Woodlands.
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