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AUSTIN-Eco Associates will be moving its latest acquisition closer to its home in Austin. Chipshot.com will close its Sunnyvale, CA operation at the end of March. The search is on for headquarters and manufacturing space here.
ORANGE COUNTY, CA-A group formed by developer and investor Werdin Corp. acquires a 157,000-sf office project in the heart of an area recently named to the Top 10 list of US investment spots.
MILL CREEK, WA-The 47-acre property has been listed, but the parties are keeping a lid on the asking price. Rumors are flying, however, that the high-end luxury apartment complex of JPI is being tagged at well over $50 million.
LOS ANGELES-A little-noticed decision by California's Supreme Court upholds LA program that imposes a building-inspection fee on apartment owners. Some fear the ruling could trigger an array of new charges across the United States.
MOUNTAIN VIEW, CA-Online title company BridgeSpan Inc. is adding two new Bay Area offices on the heels of doubling the size of its current headquarters.
MIAMI-The locally based real estate investment, finance and management company adds to an original issue of $100 million first underwritten in January 1999 by Deutsche Banc Alex. Brown.
BELLEVUE, WA-The Englewood, CO-based investment group has purchased buildings A and B of the four-building Eastridge Corporate Center from the Principal Group. The acquisition cost of the fully leased office buildings was $16 million.
ATLANTA-The locally based developer isn't disclosing the contracted price, but company officials aren't denying to GlobeSt.com that the number is at least $30 million or $2.17 million per acre for the 13.8-acre.
SAN DIEGO-A NYC-based costume manufacturer signs $15-million deal for 206,415-sf space in Poway. Hamazawa Investment Co. purchases an office building for $8.3 million.
PORTLAND-Last year's office market was an owner's dream, says a new report from Grubb & Ellis' local office. Rents were up and vacancies down. Submarkets to watch in 2001 are Clark County and Milwaukie/Clackamas.