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SAN DIEGO-The stalled Downtown ballpark commercial development project got a shot in the arm, with Cox Communications signing a 10-year lease, along with broadcast rights for Padre games.
NEW YORK CITY-The financings involve a Kmart net-leased distribution facility in Ohio and a Honeywell office building in Arizona. The company has also acquired a new $35-million credit facility.
NEW YORK CITY-The Creedmore Psychiatric Center in Queens will be the unlikely host to three new schools and playing fields. The new schools will service nearly 3,000 students from School Districts 26 and 29.
THE WOODLANDS, TX-The newest extended-stay hotel, a Homewood Suites, is ready for business. The Woodlands is a prime market being fueled by corporate relocations, expansions and new training facilities, says the franchise development director.
WHITE LAKE TOWNSHIP, MI-Brentwood Golf & Country Club is in a two-part transaction by Charleston, SC-based Golf Trust of America. Brentwood and Club of the Country in Louisburg, KS sell for a combined $5.25 million.
HOUSTON-Two CBD fire stations, forced to vacate the premises, have found a home. Two leases have been signed and renovations completed for the new accommodations. A fire department construction team also added a structure for equipment.
STAMFORD-The Wiggin & Dana law firm will more than double its office presence here when it relocates its operations in the next few months from 3 Stamford Plaza to 37,000 sf of space at 400 Atlantic Street.
WINSTON-SALEM, NC-Brokers say a planned beltway and not the parcel carrier's facility is driving prices up to $2.30 per sf. Larger parcels can still be bought for 57 cents per sf to 69c per sf--a developer's fantasy. Winston-Salem is 150 miles northeast of Downtown Charlotte