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STOCKBRIDGE, MA-Locals are furious at their own state representative's proposal to build a Turnpike interchange here. While this has been attempted before, this time neighboring northern Berkshire towns support the proposal.
SAN FRANCISCO-Developer Thomas McCarthy originally proposed a three-story, 120,000-sf office addition to a building on Berry Street near Pacific Bell Park. Last week he reduced the project to 49,500 sf of office space.
LA BELLE, FL-The publicly traded agribusiness firm divests non-essential assets in rural southwest Florida for $1,185 per acre or about three cents per sf. La Belle is 102 miles northwest of Miami and 48 miles north of Naples, FL.
DALLAS-In a dual-pronged move, Don Koll is stepping down as CEO of Koll Development Co. to set the stage to garner more of the build-to-suit market. Steve Van Amburgh takes over, with Koll remaining as board chairman.
ROYAL OAK, MI-The suburban city buys back a 4.2-acre parcel at the city's entrance while casting its net for a high-profile project. City officials have been trying to develop the property for 15 years.
PORTLAND-Not overbuilt this time around, experts are saying the real estate market is in an unusually good position to reap rewards from the slowing economy--as long as the slowdown doesn't last too long.
EAGAN, MN-Duke-Weeks will construct the build-to-suit facility for the Chicago-based freight forwarder, which liked a location accessible to two interstates and the airport in the Eagan Pointe business park.
RICHMOND, CA-Burnham Pacific Properties sold the 76,692-sf shopping center to the Retail Investment Value Program, a joint venture comprised of Developers Diversified Realty, Coventry Real Estate Partners and Prudential Real Estate Investors.