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SCOTTSDALE, AZ-The Stool & Dinette Factory is opening a 10,000-sf location at the East Thunderbird Square-North. The casual indoor-outdoor retailer is joining a host of competitors that has opened in two neighboring centers.
SOUTHLAKE, TX-Terrabrook has signed Good Fulton & Farrell to design its 550-acre Aventerra project. The challenge is to create a new generation, mixed-use commercial development by wedding environment and high-tech must-haves.
AUSTIN-Littlefield Corp. is expanding its operations, adding five new bingo halls in three states. Meanwhile, it is forging expansions in the retail world and hospitality industry while holding onto its lead as the US' largest bingo hall operator.
PLEASANTON, CA-The Jefferson Family Trust sells a 2.8-acre property in Concord for $1.6 million. The buyer is Thunderbird Automart, which has operated a store on the property for a number of years.
ANN ARBOR, MI-The space at 1200 Eisenhower Place will be occupied by the University's Institute for Social Research, and the Dental School. Its former occupant was Instrumentation Laboratories, which is sublessor.
ORLANDO-Lenders are doing more deals now than a year ago with multifamily and industrial showing up as the favorite risk sectors and big-box and single-tenant retail at the lower end of the spectrum, brokers and owners tell GlobeSt.com. But the money men remain cautious on the more speculative deals.
DENVER-Silcliff LLLP pays $85,256 per unit for the 312-unit Silver Cliff Apartment complex in suburban Denver. The sale by Ameriton Properties of Irvine, CA is part of a 1031 exchange.
INDIANAPOLIS, IN-The 152-unit Northampton Village town-home rental community is sold by Chicago-based International Capital Corp. to Minnesota-based co-op converter AHEP. The Dietz Organization of Birmingham, MI brokers the deal.
MIAMI-The value of the deal wasn't disclosed. Locally based Lennar Corp. expects the affiliation with the Walnut, CA-based insurance carrier will streamline its closing services on single and multifamily sales.
PHOENIX-Diamante LLC, based in Colorado Springs, CO, has paid nearly $3.2 million for a partial interest in the upscale Pepper Ridge Plaza. GSW4 has sold its interest in about 20,000 sf of shop space for nearly $160 per sf.