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HOUSTON-Northwest Office Building has renewed one tenant and signed a new one in recent transactions. Coming on board is Ornate Inc., a high-speed exchange service for commercial, e-commerce and residential properties.
DAYTON, OH- Milford, MI-based Robinwood Associates sells the 18-building Hunters Glen Apartments on the north side of this city to Cincinnati-based A. Ray Brown Family Investment for $5.5 million in cash.
STAMFORD, CT-The National Association of Industrial and Office Properties (New York City, Fairfield and Westchester County Chapter) will feature three relatively new property owners in the Westchester-Fairfield marketplace at its meeting on April 25.
MIAMI-The locally based homebuilder plans to use the proceeds to pay down revolving credit debt and for general corporate purposes.
PHOENIX-A Dallas-based developer plans to take a share of the commercial market in Phoenix and has lured away a top executive from a leading developer to lead its newly opened regional office.
CHICAGO-A former trading floor above Union Station in the West Loop is converted into a three-level Fitness Formula health club by McShane Construction Corp., which had to work around logistical hurdles to get the job done.
RICHMOND, VA-Ace Hardware Corp. pays Southpoint Industrial Park $1 million or $6,410 per acre in heavily-industrial south Richmond, 280 miles north of Downtown Charlotte. The big attraction: No inventory tax.
CAROL STREAM, IL-Four Columns, Ltd. takes possession of a 97,641-sf retail, office and warehouse facility at Army Trail and Merbach Roads in this DuPage County suburb, leasing out 72,033 sf to retailer Peppers Bedroom City.
ATLANTA-The locally based architects are designing the $70-million, 27-story, 600-room addition to the existing 470-room Omni Hotel, adjacent to the Georgia World Conference Centerand Centennial Olympic Park. Scheduled opening: first quarter 2004.
ATLANTA-The 400,000 sf research and manufacturing plant expects to employ 305 workers over the next three years in Floyd County, 50 miles northwest of Downtown Atlanta. The plant's hard construction cost equates to $352 per sf.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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