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NEW YORK CITY-Final bids were filed yesterday for the storied Twin Towers and various surrounding assets. Insiders report the Port Authority expects to get close to its $3-billion asking price, but the final results could take weeks.
MURRAY HILL, NJ-The medical device manufacturer will move as many as 500 positions from five other states to a new location to be determined in Central New Jersey.
EL CERRITO, CA-JMS Development Corp. is proposing the project, which also includes live-work units and 6,881 sf of retail, for the 4.2 acres previously owned by the El Cerrito Mill and Lumber Co.
NEW YORK CITY-The sublease for a portion of the 27th floor went for $100 per sf. The former tenant, a law firm, is consolidating its New York offices at Park Avenue Tower on 55th St.
WASHINGTONVILLE, NY-Stone Hill Apartments, a $12 million, 104-unit senior housing community that opened in October, has achieved 95% occupancy, according to developer Wilder-Balder Partners Inc. of Elmsford.
CARROLLTON, TX-Plano's loss is Carrollton's gain. The Billingsley Co. has lured Nucentrix Broadband to relocate its headquarters to a soon-to-be-completed 99,000-sf building in its well-positioned business park.
ATLANTA-The Indianapolis-based REIT and locally-headquarter M.D. Hodges Enterprises Inc. will be erecting a spec five-story, 135,533-sf, class A structure at an estimated construction cost of $13 million at the $1 billion Hillside at Huntcrest mixed-use park in the Interstate 85 corridor of Gwinnett County, 35 miles northeast of Downtown.
ANTIOCH, CA-Interspersed between a winery, three lakes and an olive grove, local developer Bob Nunn envisions a 4,050-home adult community with six recreational centers, a 108-acre retail development and a 35-acre office park. He meets with city planners later this month.