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NORTHBOROUGH, MA-The I-290 Industrial Park, currently owned by the Ohio Teachers Retirement System, is reportedly being purchased by the RREEF Funds. The broker, manager and seller of investment grade real estate is said to be acting on behalf of institutional investors.
WASHINGTON, DC-With Mark Winkler Co.'s recent $44-million purchase of the former MCI Communications headquarters, Cushman & Wakefield will lease the space in the 13-story office building, which had been vacant for the past few months.
ROUND ROCK, TX-Angelou Economic Advisors of Austin will wrap up an economic development study later this month or early July. Round Rock had commissioned the study after New York bond agencies concluded the town is too reliant upon Dell.
SEATTLE-The locally based commercial building contractor and construction manager is recognized as one of the "Best Places to Work" in Washington State by Washington CEO magazine.
ORANGE COUNTY, CA-Colliers Seeley International's Anaheim office has completed the sale of a Rowland Heights' shopping center. The property was 100% leased at the time of sale.
BRAINTREE, MA-Two longtime general contractors, locally based Peabody Construction Co. and Newton-based Beaver Builders, have decided to join forces. Peabody has been here 110 years, Beaver for 50.
DETROIT-The transfer of 35 acres of vacant land by developer Joe Nederlander to the school district is called fraudulent by assistant attorney general Matthew Rick. Nederlander's attorney claims the site was to be sold "as is.
MIAMI-The Miami River Commission could pick the Chesapeake, VA-based engineering and environmental consulting firm today to begin work on an urban infill and redevelopment study.