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WILSONVILLE, OR-The winner will have approval to put up thousands of units of housing as well as office and retail space on the former Dammasch State Hospital in a semi-rural area at the west end of the city. It is one of the largest redevelopment sites in the region.
BERKELEY, CA-The ambitious solar deployment, performed in conjunction with various energy efficiency projects was commissioned to help Alameda County achieve its goals of reducing and stabilizing future energy costs.
TUCSON-Rising home costs seem to be the underlying cause for an apartment demand that's double from last year's Q1 figures. Demand is up and construction is down, according to Hendricks & Partners' latest multifamily report.
PORTLAND-The 25-year-old historic special assessment program freezes the assessed (taxable) value of a property for15 years as an incentive to maintain the historic nature of the structure.
HOUSTON-Reports are due into FEMA today, but it's looking like original damage calculations had been off by $1 billion. Houston alone has incurred $979.5 million in damages to more than 1,518 commercial properties from Tropical Storm Allison.
PORTLAND-With the help of two New York-based investment banking firms--Castle Harlan Inc. and Bruckman, Rosser, Sherrill and Co. Inc.--the longtime duo paid $123.5 million for the McCormick & Schmick restaurant chain, which has more than doubled in size.
DALLAS-Leading REITs are jumping aboard a strategy for DSL hookups at Texas industrial parks. Some 15 million sf of existing inventory is now connected, 10 million more in the Dallas and Houston pipelines and San Antonio and Austin are next.
SUGAR LAND, TX-Comerica Bank is selling off the US assets of Henley Healthcare Inc., which has halted all Texas operations. A Sugar Land property has brought $2.3 million and a Belton, TX property will be the next to go.
CHICAGO-The original headquarters for retail giant Sears, Roebuck & Co. will be sold June 27 as part of a US Bankruptcy Court proceeding. The package includes four buildings plus a parking garage.
EDINA, MN-A new 207,000-sf distribution center in Salt Lake City, UT is one of two that will improve transit times and reduce operating expenses for the hair care operator. That means closing a center here, however.