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RENTON, WA-SECO Development Inc. and Wright Runstad & Co. are redeveloping a former industrial site on the southern shores of Lake Washington into 778,000 sf of offices, 400 apartment units, a 220-room luxury hotel and an unknown amount of retail space.
OVERLAND PARK, KS-A newly formed bank holding company completes a transaction that includes purchasing the Kendall branch at 135th Street and Nieman Road in Overland Park for $1.7 million.
LOS ANGELES-Though no blockbuster sales have been announced in the office market lately, several smaller properties changed hands. Many brokers say this signals continued confidence in the region's real estate market.
GREENBURGH, NY-The Town Board has decided not to spend approximately $7.8 million to acquire a vacant 134,000 sf building that was originally built 10 years ago and is still not fully completed.
LIVONIA, MI-The local development firm bought Seven Mile Crossing to build up office space in this downriver city. The sale was part of a $56.4-million package that included buildings in Houston and suburban Chicago.
HAMILTON, NJ-The power center would be the first phase of a major mixed-use project, and the first New Jersey property for the Atlanta-based developer. A spring construction start is planned.
DALLAS-A historic Sears & Roebuck catalog merchandise center sees its first commercial tenant move into made-over space. The second arrives April 1 as the Matthews Southwest South Side revitalization dream picks up steam.
DALLAS-A recent wave of promotions and new hires has come down the pike for metroplex corporations. WorkPlaceUSA takes the lead in the number of management shifts, promoting four to VP roles.
ATLANTA-The hotel company is the third client contracting for the locally based firm's ePortcard hotel guest comment system. The value of the contract wasn't disclosed.
SANTA CLARA, CA-The nation's leading provider of Internet data centers, which makes its home here, is having a 89,000-sf facility developed in Lindon, UT for its Web-based business testing services subsidiary Exodus Performance Labs.