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NEW YORK CITY-Brookfield, which invested $C63 per sf in Hudson's Bay Center, will redevelop its 102,000-sf of retail space and its 35-story, 535,000-sf office tower. It will also lease the renovated complex.
KANSAS CITY-CB Richard Ellis' Dan Carr is named Home Run Award Winner for closing deals worth $68 million, including Two Pershing Square Downtown and the sale of Waddell & Reed's Investor Park in Overland Park.
BROOKLYN PARK, MN-The leather retailer expects 20% gains in earnings and sales to continue. The earnings boost was credited to the company's private label strategy and fewer clearance sales.
NEWPORT BEACH, CA- Three area apartment buildings sold in deals totaling more than $3.5 million. All three transactions were handled by Morgan Skenderian Investment Real Estate Group.
OLATHE, KS-The NAIA is expected to make a decision on its new headquarters this week. Other cities in the running include O'Fallon, MO, near St. Louis; and Fort Wayne, IN. The NAIA has been in Tulsa, OK since 1993.
SEATTLE, WA-Arial Development and the Seattle Housing Authority are each chipping in land for the development of a seven-story downtown building mixing 99,801 sf of offices with 30 high-end residential units.
HOUSTON-Houston-based Stewart Title has bought aboard a new team member. Cuesta Title, which has more than 10 branches on California's central coast, has had long-standing ties to Stewart's underwriting business.
WESTMINSTER, CO-Locally based CSG Systems is boxing up and getting ready to move five smaller Denver-area offices into a 30,000-sf spot. The firm will be relocating to the 82-acre CirclePoint Corporate Center.
DAYTONA BEACH, FL-On the drawing boards for four years, the 14,000-sf, class A facility is proving to be the magnet for ballooning sales at LPGA International, a 4,500-acre, mixed-use venture, 50 miles northeast of Downtown Orlando.
HOUSTON-CRESA Inc. is beefing up its presence in the city as affiliate Goldstein & Associates/CRESA merges with Houston-based Strategis. The ties that bind will now operate under the banner of Strategis/CRESA.