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HOUSTON-ProLogis Trust is adding three tenants to its northwest Houston industrial roster. The trio is taking 42,258 sf, with Auto Refinish Distributors lining up for the largest spot, 18,598 sf at 448 Garden Oaks.
HOUSTON-NBC Holdings, a private capital investor, has taken title to the Verandah at Centerfield after refinancing several Austin properties. Thirteen private investors and institutional buyers had vied for the holding.
LONDON-Investment buyers now account for a third of the residential property purchased in central London, according to a report from DTZ. Average house prices in prime central London locations look set to jump another 10% over recent gains during the next 12 months.
Salem, OR-HB 3788, a bill that would speed the permitting of power plants, won final approval from the Legislature Wednesday. Other bills that would delay Oregon's limited power deregulation plan still await passage.
ORLANDO-James Densmore heads the commercial division of Signature GMAC Real Estate, taking over from Karen L. Stauffer who becomes the firm's branch sales manager in its new Lake Mary, FL office. Kevin Ahearn is vice president/training and development.
CHICAGO-With a delinquency rate three times higher than the rest of the commercial mortgage industry, health care facilities are being eyed with increasing skepticism by loan servicers who may have to deal with operation issues.
ASTORIA, OR-The $5 million expansion of the Columbian River Maritime Museum here -- the first nationally accredited maritime museum in the Northwest -- is at the halfway point and on schedule.
SHERWOOD, OR-Beginning next week, residents here will have a Home Depot as a local shopping option. The new 115,000-sf warehouse center is located at 20260 S.W. Pacific.