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BRISTOL-A consortium of developers has joined forces with the Universities of Bristol and Bath to launch a new business park overlooking the M4 near Bristol.
TROY, MI-The 14-story, 181,000-sf building is too large for the Chicago-based bank to keep running after consolidations. Although the purchase price was not disclosed, the building is believed to be worth about $24 million.
CHICAGO-Ryan Cos., which recently expanded its presence in the market, closes retail and industrial deals in northwest suburban Rosemont, west suburban Carol Stream and the south suburbs of Bolingbrook and Lemont.
ORLANDO-After eight years of court clashes with the Orange County Property Appraiser and an estimated $200,000 in legal costs paid for by taxpayers, the Greater Orlando Aviation Authority will pay the bill and avoid $1.3 million in accrued interest fees. Chicago's Pritzker family operates the Hyatt.
AUSTIN-USOL Holdings is cornering the multifamily high-tech market, beefing up its portfolio to 53,659 passings for a 42% hike from last year while narrowing its net loss by 26%. The newest deal is for Red Hills Villas in Round Rock.
AUSTIN-SpectraSite Communications has outgrown its office, but it's move isn't taking the North Carolina-based business far. It has cut a deal for 6,035-sf in the same building in a move that opens the door for a Southwest regional office.
SAN DIEGO-The San Francisco-based developer hopes to build the 27-story, 458,000-sf building over the next three years on the north side of Broadway at Pacific Highway, near the historic Santa Fe Depot.
HOUSTON-North Brunswick Development Co. is settling into 16,460 sf at the four-building Portwall-Market Street Warehouses. The deal's brokers say more tenants are seeking short-term leases these days while everyone waits for the economy to rebound.
ORLANDO-Passenger-waiting facilities would have to be built at eight cities where other new commercial development is envisioned by summer 2002, if Federal and state funding for the venture can be found.
SAN DIEGO-Along with its quarterly earnings announcement, the shopping center REIT said yesterday it is working a deal expected to close in the third quarter wherein it would acquire six open-air shopping centers in Florida.