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ANN ARBOR, MI-The national pizza firm needs more space, but has no firm plans to move out of its namesake 185,000-sf office complex here. The company denies it's moving into a new 200,000-sf office development across the street.
ASPEN, CO-The Ritz-Carlton is getting all decked out for its grand opening Saturday. The time-share venue serves as the centerpiece to a $230-million, mixed-use development by Houston-based Hines Resort Development.
AVENEL, NJ-Siclare Corp. will relocate all three of its divisions to Murray Construction Co.'s 32,000-sf building in a transaction arranged by SBWE. The new tenant supplies specialty products to tri-state area businesses.
MINNEAPOLIS- Morey Knutsen, senior vice president in the West Des Moines, IA office, is elected president while Raymond Reese of Colliers Towle Real Estate here is the new vice president.
PHOENIX-Chandler, one of Phoenix's suburbs, plans to soon clear a five-acre parcel in Downtown and wants developers to submit proposals for a major destination-use project for the site.
NEW YORK CITY-The money will be spent on occupied multifamily, vacant, rental and for-sale properties that are in need of major work, along with mixed-use facilities that include retail, office and residential space. Space that is exclusively commercial will not receive funds.
RENTON, WA-The entitlement process is complete, and only the issuance of a building permit stands between WR&C and the groundbreaking of its 750,000-sf mixed-use office campus in the 17.5-acre planned community on the southern shores of Lake Washington.
ST. PAUL, MN-Taxes are more than double those in neighboring states, according to a study, even though Minnesota lawmakers have cut commercial and industrial property tax rates three times since 1997.
SAN DIEGO-For the second time, city fathers have approved a 512-bed Westin Hotel that will be built by JMI Realty, a firm headed by Padres owner John Moores.
SACRAMENTO, CA-After receiving a study from Los Angeles-based Robert Charles Lesser & Co. showing Sacramento is primed for multifamily units, the he California Public Employees' Retirement System has plans to develop apartments near its headquarters expansion.