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SANFORD, FL-Angelia Gordon, president of locally based Angelia Gordon Property Management Inc., tells GlobeSt.com one of the priorities of the five-member Sanford Housing Authority will be to win back the respectability and credibility it lost during the recent civil and criminal investigations by the U.S. Department of Housing and Urban Development.
ROCHESTER, NY-Home Properties reports that it has received "an excellent response" from potential buyers for properties the company is seeking to dispose of that are valued in the $100-million to $200-million range.
SAN DIEGO-In the latest round of its real estate fire sale, Burnham Pacific Properties Inc. has unloaded the 355,596-sf Downtown Pleasant Hill Shopping Center in a deal valued at $62.4 million.
SAN FRANCISCO-The Atlanta-based consultancy was going to take floors 18-25 in Tishman Speyer's 575 Market St. "We signed a 15 year lease, and we paid a lease termination fee and are now no longer involved with the property," confirms an iXL official.
NORTH KANSAS CITY, MO-Cerner Corp. pays $4 million for an 80,000-sf main building, an entertainment pavilion and a 1,300-slot parking garage on about 22 acres that originally cost $147 million to build.
PORTLAND-The tech-heavy Sunset Corridor saw vacancy rates jump from 8.0% to 14.1% in the first quarter as 180,000 sf of new space was delivered to a market that already had 500,000 sf available, according to the latest report from Grubb & Ellis.
ST. PAUL, MN-City council members approves plans for an $80-million, 350,000-sf office building, including $15 million in tax increment financing. A related housing project also close to the site gets the go-ahead.
PORTLAND-Flightcraft, a member of the Eugene, OR-based Pape Group of companies, has entered into a 25-year lease with the Port of Portland for the new land on which a new hangar will be built as well as its current leasehold.
SOUTH PLAINFIELD, NJ-At more than 95,000 sf and featuring floor plates of nearly 32,000 sf, Cragwood Plaza is one of the biggest pieces of space available in Central New Jersey.