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BELLEVUE, WA-Approval could come as soon as today on a mixed-use project that promises a 500- to 600-room hotel and two office towers with a combined one million sf of office space.
WESTBOROUGH, MA-Presenting NE Aspen Westborough LLC with an offer they couldn't refuse, an undisclosed pension fund buys The Corporate Center here. Development on the property had been completed a little over a year ago.
STOCKTON, CA-Until two years ago, the city was overbuilt with mini-storage facilities, and no new applications had been submitted or processed since 1990. Now, there are several projects in the works.
SAN FRANCISCO-After the second quarter established the City by the Bay as the premier office market in the nation, the market experienced a slight correction in the third quarter, according to a recent report by CB Richard Ellis.
VANCOUVER, WA-SONICblue, maker of the Rio digital audio player, is relocating its local division across the Columbia River to Tigard, OR to be nearer the region's concentration of high-tech marketing and engineering talent.
FT. WORTH-An Albuquerque-based high-tech firm has snagged the IT contract for Hillwood's planned 2,500-acre Heritage development. Smart Systems'suite will include a full-automation menu for homeowners and an Intranet link to Alliance companies and school systems.
HOUSTON-A recent survey tells investors to place their bets on the downtown instead of outlying areas and power centers. Houston ranks 17 out of 18 metro areas in the survey by PricewaterhouseCoopers and Lend Lease.
DENVER-Bedford Property is beefing up its Denver portfolio, buying three buildings for about $21.5 million from Prime West. The property is close to Bedford's under-construction 206,000-sf Waterpark@Briarwood project.
BELLEVUE, WA-The five-acre parcel at Northeast 8th Street and 112th Avenue is one Bellevue's most prominent downtown locations, and for it Schnitzer Northwest is planning a 1.5-million-sf hotel and office development.
HOUSTON-The Woodlands is going for the brass ring, implementing a house-buying incentive program to set an all-time sales record for this year. For more than a decade, The Woodlands is the leader of the pack for new home sales.