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NEW YORK CITY-The owners of Brown Harris Stevens and Feathered Nest have purchased the Halstead Property Co. Born for this acquisition is BHS Halstead LLC, now the second largest residential real estate brokerage firm in Manhattan.
ROUND ROCK, TX-A California-based developer is introducing purchase and lease-to-buy options in the Austin area's commercial real estate market. Chandler Creek Business Park, which has broken ground, will serve as the pilot project.
ORLANDO-The Dallas-based builder is erecting Park Maitland Villas, a 70-unit, gated townhome community priced from the $130s to the $170s on Lake Howell Road in suburban Maitland, seven miles north of Downtown Orlando.
MONROE TWP., NJ-Distribution space, available as a sublet, is one of the few spaces of its size in an industrial market and geographical location that remains tight as a drum.
RICHFIELD, MN-Plans for a 1.5-million-sf complex have met community resistance and a business owner holdout. The Minneapolis Foundation will interview a number of civic officials and nonprofit leaders.
AUSTIN-The NAFTA Highway is a strong playing card when it comes to hawking space in the Austin-San Antonio corridor. NAI/Commercial Industrial Properties has signed two newcomers to interstate-positioned warehouse properties.
DENVER-Triple-A rating undoubtedly helped line up the buyers for a $186.5-million bond sale that will fund the Colorado Convention Center project. Three hours is all it took, much to the pleasure of city officials and the investment houses.
SEATTLE, WA-The latest project of local developer Dale Behar is a 156,000-sf high-tech mid-rise office building in the Capitol Hill district. The permits are in, and Behar is ready to go as soon as its preleasing hits 60%.
KANSAS CITY-The $50-million contract includes adding 9,100 seats and 27 suites on Memorial Stadium and the Barry Switzer Center at the University of Oklahoma. Work is expected be completed in 2003.
ORLANDO-Prudential Florida Real Estate Center Inc., with eight offices and 200 associates, picked up Prudential Gallagher Properties Inc. for an undisclosed sum.