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AURORA, CO-San Diego-based FF Realty has the keys to the 268-unit Duck Creek Apartments near Interstate 225. The property had been under option for six months. The near $14-million closing price would be a good deal on today's market.
WHITE PLAINS-The prospect of brown outs, rolling black outs and significant energy cost increases in New York State will be the focus of a Building Owners and Managers Association of Westchester meeting on April 12.
CADILLAC, MI-An incentive package worth about $13 million keeps Four Winns Boats in this city at a 385,000-sf facility the company had closed following the bankruptcy of parent company Outboard Marine Corp.
MIAMI BEACH, FL-The city commission will decide at an Apr. 18 public meeting whether to begin contract negotiations with the Miami development company on a planned 170,000-sf project in the community of North Beach in this city.
HOUSTON-Greystar and Power Industry Consultants have joined the tenant lineup at the 21-story Millennium Towers. The 365,955-sf, class-A structure presently is undergoing a major renovation.
RICHARDSON, TX-It's taken five months, but a 120,000-sf building has been turned around. Two Silicon Valley firms have opened their first Texas offices and Fujitsu is eyeing an April opening for a 60,000-sf training center in the Texas 190 corridor.
SEATTLE-Hundreds of churchgoers, pastors, neighbors and builders jammed the Metropolitan King County Council's public hearing this week, voicing their opinions on the moratorium for new churches and schools in rural areas.
LENEXA, KS-The one-year-old business park is nearly 75% leased after home-storage supplies retailer Organized Living leases a 166,000 sf building, becoming the largest tenant in Northwestern Mutual Life's property.
NEW YORK CITY-Adding to its ever-deepening information content, GlobeSt.com now offers retail market statistics for all 25 of its market areas. The latest content update, created through an alliance with ChainLinks, joins current offerings on office market data and tax advisories.
SAN DIEGO-The foundering REIT says a combination of lower-than-expected sales prices, legal costs and severance payouts caused the huge swing in its financial fortunes.