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PHOENIX-An aging apartment complex in south Scottsdale, just blocks from Scottsdale Road, sells to out-of-state investor for $4.9 million, or $46,000 per unit.
DETROIT-Jeffrey Shell, Joseph Rosenberg and Jeffrey Buckler are recognized for their 2000 performances by Cushman & Wakefield's office here. Shell's financial services team closes deals worth more than $575 million.
MISSION VIEJO, CA-For the first time since its incorporation, the city will be able to house its more than 100 employees in a building it isn't leasing, when a new city hall is completed next year.
SAN DIEGO-A San Diego-based developer has executed a joint venture and financing agreement on its condominium property near Rosarito Beach in Baja California.
ADDISON, TX-An innovative strategy has Web Real Estate talking with franchisee prospects in Atlanta, Wichita Falls, TX, Phoenix and Arizona. One of those cities will sign on the dotted line by May 1, predicts the firm's president.
SEATTLE, WA-According to the latest report from Texas-based M/PF Research, rents in the greater Seattle market increased by an average of 6% since fourth quarter 1999, exceeding the region's general consumer price inflation rate of 4.1%.
ATLANTA- First-quarter figures have been especially bleak, topping out at only $50 million. Investors report no class-A buildings are included in that figure.
OVERLAND PARK, KS-A study shows potential for an urban style development, including up to 1,200 housing units, on 300 acres here. It would be a departure from usual cul-de-sac subdivisions and strip mall shopping centers.
VANCOUVER, WA-Permission to actually build the arena and convention center should come in pieces over the next six weeks. Anchor tenants of the facility are planned to be five minor-league teams playing hockey, indoor football, soccer, basketball and tennis.
BOSTON-The National Building Trades Council plans to take legal action to seek an injunction against an executive order banning project labor agreements on all construction projects that involve Federal money. The order endangers the Big Dig's project labor agreement.