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HOUSTON-September reporting shows Houston's existing homes sales are down 1.2% from the same period last year. But it's not all bad news: year-to-date has shown a slight increase.
HOUSTON-The 519,000-sf, two-building Eldridge Place reportedly brings in $50 million for Allied Waste Industries, which has sold the former world headquarters for a firm it acquired last year. An Atlanta-based investment group is the new owner.
ARLINGTON, TX-Bradford Development Co. Inc. is undertaking its first Arlington industrial project, a $10-million, two-building spec project. Ground breaks Dec. 1, with delivery anticipated in seven months.
DENVER-Denver architectural firms, RNL Design and Shears & Leese Architects LLC, have taken a parking garage design and walked away with an Excellence in Urban Design award at the AIA Denver 2000 ceremony.
ORLANDO-Neither grocer is discussing the size of the transaction, but Winn-Dixie says it could have built nine comparable stores for less than the acquistion price. Construction industry sources estimate the hard cost at about $45 million or $5.55 million per store.
LAFAYETTE, CA-The suburban office and industrial REIT sells five properties to complete its strategy of exiting the Texas and Kansas City markets and redeploying the proceeds toward paying down debt, buying back stock, and funding new developments.