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PHOENIX--A Phoenix-based developer has proposed building two, four- to six-story Class-A office buildings in the heart of downtown Mesa, if a redevelopment district can be created in the area.
TACOMA, WA-The Central Terminal, constructed in 1929, will close its doors today and eventually be torn down to make way for a parking lot that will support a nearby office building development. Greyhound Lines will move its operations to a bus hub in the new Tacoma Dome Plaza.
TUCSON--A non-profit group has purchased the largest apartment complex in the city for $20.85 million and plans to turn it into a full-service retirement center.
ORLANDO-The motor home company is acquiring Emerald Coast RV Center Inc. in Gulf Breeze, FL for an undisclosed sum. The acquistion gives the local firm 18 dealerships comprising about 360,000 sf of retail space in eight states. The firm operates under the Recreation USA brand.
YONKERS-Wise/Contact US Optical Corporation, a distributor of optical products, has signed a 10-year, 25,575 sf lease at 4 Executive Plaza, South Westchester Executive Park in Yonkers.
COLORADO SPRINGS-Rod Hubbard, a local investor, is assuming control of the 240-unit luxury Sunset Ridge complex, paying $18 million for the property in the city's northeast corridor. The deals end a year-long search by national real estate firms.