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ST. PAUL, MN-Tenant selection processes, tenant screening and costly application fees need to be changed, according to the collaborative report by the state-sponsored Metropolitan Council.
DETROIT-The project joins two others that total $15.7 million in the New Center area. Two abandoned industrial buildings will be developed, creating about 50 residential lofts and 20,000 sf of commercial space.
ORANGE COUNTY, CA-Private investors purchase the 126,725-sf Sierra Vista Plaza from a limited partnership. The center is anchored by a Stater Brothers supermarket, a Sav-On drugstore, a Chuck E. Cheese pizza parlor and a Jack in the Box fast-food outlet.
NEWARK-In an agreement announced late yesterday, the teams' owner will pay $115 million, and most of the rest of the money will come from tax revenues generated by the complex itself.
NEW YORK CITY-An array of commercial real estate professionals met yesterday to discuss the Toronto office market, referred to by one speaker as "the New York of the North.
LOS ANGELES-L.J. Melody & Co. arranged financing for the 95% occupied, 93,800-sf office building. The State of California is one of the major tenants in the facility.
ANAHEIM, CA-Riding a high in multifamily investment activity nationwide, the 22-unit Wakefield Apartments here changed hands recently for $1.4 million. The buyer was Newport Beach-based Anna LLC.
LONDON-Quintain Estates & Development continued its strong growth in the year to 31 March 2001, with figures buoyed by the acquisition of Chesterfield Properties.
SAN ANTONIO-The University of Texas at San Antonio has renewed its 6,441-sf office lease in the class-A Cypress Tower in the city's downtown. Also staying put is the JM Group, which has a 4,275-sf spot in the O'Connor Road Business Park.