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GOLDEN VALLEY, MN-Construction of a six-story, 324,000-sf office building to house about 1,700 workers, a 138,000-sf employee-services center with cafeteria and fitness rooms, and a four-deck parking ramp, could start this summer.
OVERLAND PARK, KS-The office park wins first place for its Web site, Corporatewoods.com. It lists leasing information and information about the park, as well as information about the park's tenants.
SOUTHFIELD, MI-A new $2.6-million building will expand on the existing 425,000-sf One Towne Square, providing more office space and retail areas in this suburb's thriving City Center on Northwestern Highway.
CHICAGO-Arlington, VA-based Charles E. Smith Residential Realty, Inc. provides a $23.8-million participating loan on Plaza 440, given it the option of owning 90% of the 457-unit luxury high-rise building at 440 N. Wabash Ave.
LOS ANGELES-Spokeswoman says the ailing former President no longer needs the space atop swank Fox Plaza in Century City. Brokers tell GlobeSt.com that finding a new tenant won't necessarily be easy.
DENVER-The Reis Co. concludes that Denver is a melting pot for opportunities and risks. Apartment vacancy has dipped even though construction's up. And the city's retail sector has outpaced significantly larger markets, says the trend watcher.
ATLANTA-Construction on the $150 million housing and retail project is tentatively scheduled to start in early 2002 and will take five years to complete. The value of Lane's development and management contract wasn't disclosed.
PORTLAND-The locally based, nationally known purveyor of care and education for children between the ages of six weeks and 12 years has shuttered 43 under performing stores over the past three quarters, but in the past three months has opened another 28 locations.
SEATTLE-The partnership between Binswanger/CBB and Puget Sound Properties Commercial Real Estate Services LLC is another prime example of a competent local firm gaining the exposure, network and management of an established national firm with strong international ties.