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ELGIN, IL- A 127,280-sf state-of-the-art call center on 13 acres at 777 Big Timber Road, occupied by Verizon Wireless, is being marketed by Trammell Crow Co. The owner paid $10.5 million for the property in 1997.
CHICAGO-A 124-unit apartment complex in Rockford, IL sells for $3.4 million while a 61,495-sf shopping center in South Haven, IN sells for $1.35 million. Marcus & Millichap represents buyers and sellers in both deals.
WASHINGTON, DC-Fannie Mae will redeem the principal amounts on two MTN-type securities totaling $205 million on March 29, at 100% of their redemption prices plus interest.
MIAMI-The Miami market leads the nation in 12-month price-per-sf for industrial-warehouse space, while West Palm Beach is tops in price and rent per sf for retail, according to the quarterly report from San Francisco-based National Real Estate Index.
HENDERSON, NC-Economic officials in this rural area, 200 miles northeast of Downtown Charlotte, hope the new facility is only the beginning. A key intersection could help spur needed economic growth.
ORLANDO-The unique $16 million, 15-acre venture being developed by former Philadelphia Baptist minister Marvin Rosenthal, argues the Orange County Property Appraiser should assess the undertaking as a museum and not as an attraction comparable to Walt Disney World or Universal Orlando.
MINNEAPOLIS-Guy Kost is responsible for helping the development group analyze projects and implement strategies. He was lead analyst at L. J. Melody Co. before joining Mortenson Development.
MONROE, CT-In an attempt to take advantage of the burgeoning high technology sector in the Fairfield County area, a New Jersey-based staffing firm has set up shop here at 500 Main St.
MIAMI-The Miami market leads the nation in 12-month price-per-sf for industrial-warehouse space, while West Palm Beach is tops in price and rent per sf for retail, according to the quarterly report from San Francisco-based National Real Estate Index.
AUSTIN-The Austin Bergstrom International Airport is nearing its first anniversary and it's already outgrown its britches. A new master plan has been unveiled to double the facility's size to accommodate the growth.