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LOS ANGELES-Mayoral candidates Steve Soboroff and James K. Hahn have turned against the proposed LAX expansion plan, dimming prospects for future development opportunities in the area surrounding one of Los Angeles' largest real estate markets.
NEW YORK CITY-Cushman & Wakefield has named the company's first ever national director for Retail Services. James Wassel says in an interview with GlobeSt.com this move demonstrates the company's plans to bolster its retail operations.
MONTVILLE, NJ-Mebane Packaging, a division of Westvaco Inc., signs long-term lease with owner First Industrial and will consolidate three of its New Jersey operations at a recently renovated facility here.
DALLAS-Duke-Weeks Realty Corp. has its 600,000 sf of industrial holdings filled to the brim in the northeastern submarket. Now, says the firm, it's time to look for more land in what has proven to be a market leader for them.
BOSTON-Local developer Harold Theran of the Development Management Corporation proposes a development plan for Battery Wharf, a run-down section in the North end of the city here. Theran's plan includes a luxury hotel and condominium complex.
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.
LOS ANGELES-Cushman & Wakefield has brought on board Mary A. Marx, a 20-year veteran of commercial real estate, who previously served at Transwestern Commercial Services.
DENVER-American Furniture Warehouse is getting a new neighbor. Transwestern and MONY Real Estate are partnering on a 31-acre site in northern Douglas County. Brokers have pegged the completed value upward of $42 million.
ATLANTA-The Gap, Banana Republic, Talbots, Bath & Body Works and Victoria's Secret are anchoring Cousins Properties' 167,000 shopping center in Peachtree City, GA, 30 miles south of Downtown Atlanta.
AUSTIN-Walnut Creek Business Park is the site of a 51,885-sf undertaking by Trammell Crow's Central Texas team. The spec project is being built on five acres that a California-based company has given up in its decision to pull out of the city.