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ST. PAUL, MN- Benitez Rosario Matias will receive $500 from the Mid-Continent Chapter of the Society of Industrial and Office Realtors and the Society of Industrial and Office Realtors Educational Foundation.
STAMFORD, CT-FLAG Venture Management LLC will relocate its headquarters office from Stamford Landing to 12,188 sf of space at Soundview Plaza, according to officials with W&M Properties.
DETROIT-The largest among the new projects are a three-building, 250,000-sf complex at I-75 and 14 Mile Road in Troy being developed by Becker Ventures and the 112,000-sf Plymouth Green development in Ann Arbor.
SAN FRANCISCO-The San Francisco Board of Supervisors is expected to back a six-month moratorium on loft development, a measure passed unanimously by the Supervisors Housing, Transportation and Land Use Committee last week.
HYATTSVILLE, MD-The National Center for Health Statistics currently leases space in Prince George's Metro Center. Construction of the building will bring the entire complex's space inventory to 1.4 million sf.
AUSTIN-USOL Holdings has struck its second deal with Chicago-based TVO Realty Partners. This time, the multifamily pact is for Austin's 504-unit Lakeview. With 76 properties in TVO's portfolio, more deals are sure to follow.
WINSTON-SALEM, NC-Cleveland-based Jacobs Group sold the retail centers to CBL & Associates Properties for an average $56.5 million per mall or about $67.70 per sf for the total 19.2 million sf. Three of the properties are in the Winston-Salem area, about 70 miles north of Downtown Charlotte.
DENVER-It's strictly a strategic investment, says Chateau Communities, which is pumping $11 million into a Milwaukee-based Asset Development Group. Chateau is eyeing a plum 20% internal rate of return in exchange for its backing.
ORLANDO-Homegrown brothers James and Charles Veigle await a Circuit Court judge's ruling this week that could decide the fate of one of the most profitable assets in their real estate-entertainment-auto brokerage empire--a two-story, 15,000-sf suburban Orlando adult nightclub netting $400,000 a month.