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NEW YORK CITY-America First Mortgage Investments Inc. has priced a public offering of nine million shares of its common stock in the hopes of netting approximately $58.5 million after estimated expenses are deducted.
LOS ANGELES-La Jolla Energy Development Inc. withdraws its application to build a facility in Baldwin Hills area, one day after a key public official said he wouldn't support it. It's a setback for the governor, a victory for oppposition groups.
AUSTIN-Hendricks & Partners latest multifamily report is reflecting increases in rent and vacancy as concessions are now firmly planted in 42% of the class-A market. Meanwhile, more units are being delivered despite a dip in demand in most Austin-area markets.
GENOA TOWNSHIP, MI-The project in the Brighton Pines Industrial Center is a joint development between Jacob Properties, also developer of both the Orion Business Park and Green Oak Business Park, and BRIVAR Construction.
PHOENIX-Scene Art & Associates has signed a five-year lease for a 23,500-sf industrial building at 2985 W. Whitton Ave. The company is a manufacturer of interactive areas, primarily for children, at parks, museums and eateries.
LONDON-The poor performance of retail properties of late has led many investors to abandon the sector, but there are signs of an upturn, according to Colliers Conrad Ritblat Erdmans' annual Midsummer Retail Report.
ROCKVILLE, MD-The prototype grocery store will include 57,000 sf. The 257-acre mixed-use Fallsgrove community will include office and retail space, and is located at the former Thomas Farm site.
DALLAS-Two down, two more in 30 days, says Metropolitan Properties of America, a Boston-based investment group that has just spent $100 million for posh properties in Las Colinas and Houston. The buys come with plans for a regional office in Dallas.
DENVER-Highly acclaimed deli Tony's Meats & Specialty Foods joins the tenant roster of Jordon Perlmutter & Co.'s Bowles Village Center by taking 9,800 sf. The center three blocks east of Southwest Plaza is 95% leased.