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ORLANDO-Mayor Larry Dale, who is also a commercial real estate developer and investor, reads the riot act to the five-member Sanford Housing Authority via a letter from the Seminole County Sheriff's office. Sanford is 25 miles north of Downtown Orlando.
LOS ANGELES-A 10-building, multifamily portfolio in Baldwin Village has been sold to local family trust for $3.4 million. The properties are 97% leased.
CHICAGO-Recently-renovated 1.4-million-sf 175 W. Jackson Blvd. is more than 50% leased after a makeover inside and out transforms the former Class C building into a Class A property. It was the Midwest's largest gut rehab.
AUSTIN-Trammell Crow is eyeing a Dec. 1 delivery, maybe even later, on its 142,951-sf spec office project. Construction has just started at the slightly more than 11-acre site near the intersection of Interstate 35 and US Highway 183.
HOUSTON-Fujitsu Network Communications is taking 24,000 sf at West Port Industrial Park while an energy-related firm has signed for 8,235 sf of sublease space at Ashford V. The signings are the handiwork of Trammell Crow brokers.
BOSTON-Bidding is prepared for a contract that will not obligate the use of union workers for the first time in 11 years in response to President Bush's executive order banning project labor agreements on federally-funded projects.
LOS ANGELES-Government commission determines that an independent San Fernando Valley is financially viable, pushing the secession efforts closer to a public vote. Newly created city would be the nation's sixth largest.
CHARLOTTE-The Dallas-based company sees continued growth opportunities here and in Raleigh despite development slowdowns already surfacing in the area.
HOPKINS, MN-This "urban" Twin Cities suburb plans to add 100 new houses through redevelopment and renovation, while adding 1,800 jobs over the next 20 years. The city receives $175,000 for its plan.