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SOUTHFIELD, MI-The REIT gets $40 per sf for the community shopping center located in Athens, AL as part of its strategy to dispose of non-core assets. Proceeds will be used in part to pay off variable-rate debt.
PORTLAND-Cushman & Wakefield's Scott Madsen, leasing agent for the 183,000-sf building said to be changing hands soon, says Oregon Health Sciences University is expanding within ADP Plaza by taking all available space, including 24,000-sf vacated by Bank of America.
NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.
DALLAS-It's a season of change among the region's corporations, with hires and promotions regularly coming down the pike. The latest is the hiring of Louis G. Erskine as senior vice president of business development for the Staubach Co.
NEW YORK CITY-TMW, a German investment group, has purchased the majority of interest in the building known for its Art Deco design--even given a nod in the musical, Annie. Tishman Speyer and Travelers Group will retain the other 25%.
BROOMFIELD, CO-The nonprofit Up With People has hawked its world headquarters and nearly 18 acres in the Interlocken Business Park. It's all part of a shutdown of the 35-year-old traveling entertainment troupe after repeated runs of fiscal losses.
BOSTON-Local developer Richard Friedman of Carpenter & Co. is planning on developing a 300-room hotel at the Charles Street jail site in the heart of the city.
WASHINGTON, DC-Kem S. Courtenay and Harry J. Klaff bring experience in strategic real estate planning and serving needs of high-tech firms to their new posts at commercial real estate firm.