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DENVER-Lockheed Martin has shelled out about $3.7 million for a 464-acre tract positioned in the heart of its 4,700 holding near Waterton Canyon. The acreage is eligible for inclusion on the National Register of Historic Places.
WESTWOOD, MA-Lids Corp., the locally based hat retailer that filed for bankruptcy protection this past January, closes 95 stores, four of them in Massachusetts. Officials say the closures are part of a restructuring effort.
DESCHUTES COUNTY, OR-High Desert Development Partners of Los Altos, CA, is proposing 420 houses, 180 condominiums, a hotel and a conference center as well as two golf courses, tennis courts, swimming pools and equestrian facilities on 640 acres between Bend and Redmond.
VANCOUVER, WA-The locally based company's development chief Mark Perniconi is moving forward with office projects in Vancouver and in Beaverton, retail projects in the Lloyd District and Salem and a mid-rise residential project in the Pearl District.
KENT, WA-The eight-building, 735,000-sf CenterPoint campus at 20415 72nd Avenue S. was built in 1987 as Boeing Space Center East. Amenities include a 10,000-sf childcare center, a 3,500-sf athletic center, and a 160-seat, state of the art conference center.
WASHINGTON, DC-AMI Capital Inc., based in Bethesda, MD, has closed a $4.6 million refinance loan on Banneker Place Apartments, a 348-unit apartment community in southeast, which was renovated in 1998.
SAN DIEGO-In a deal brokered by the San Diego-based CB Richard Ellis Senior Housing Services group, National Healthcare Association has purchased a Connecticut-based skilled-nursing facility for nearly $11.8 million.
CONCORD, CA-Two plans by Jones Lang LaSalle and Legacy Partners Residential could help to breathe life back into Concord's downtown area. One says it will study the area to determine the right project, the other proposes a 200-plus luxury apartment development.
BRIGHTON, MI-Two groups are presenting a conference titled, Retail Development Through Public/Private Partnerships, at the Genoa Woods Conference Center here at 8 a.m. March 28. Three speakers will give presentations.
ORLANDO-Cameron Kuhn, the former Chicago carpenter's helper-turned developer, is buying the 60-year-old Downtown Post Office building and a 45-year-old, almost-abandoned, former retail structure next week for a total below-replacement cost of $3.17 million or $33.72 per sf for the aggregate 94,000 sf.