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AUSTIN-Trammell Crow is putting on a new retail property manager. The new hire hails from Miami, where had overseen a portfolio in excess of 950,000 sf for Healthcare Realty Services in Miami.
HOUSTON-A $43-million financing package gets a green light from GMAC Commercial divisions for the makeover of the CBD's Humble Building. Apartments and hotel rooms are in the offing with the financing.
Hyattesville, MD-Prince George's Metro Center, a million-plus-sf office complex, leased 16,000 sf to the Univeristy of Maryland University College. UMUC will be located in the same building with Prince George's Community College.
HOUSTON-Coastal Corp.'s aggressive sell-off puts 306 convenience store operations into the hands of Phillips Petroleum. The pact comes just days after 253 stores are passed to Sunoco. The deals are cut practically on the eve of a merger signing.
DENVER-The Upper Larimer neighborhood may be the next "in" place to live, but without the noise and congestion of its eclectic counterparts. Fire Clay Lofts breaks ground on 53 units that are designed to re-shape the area's image.
BURLINGTON, MA-Spaulding & Slye Colliers Investment Services has arranged a $16.2 million interim construction loan for the ownership of the 4 Van DeGraaf Drive office building currently under construction here.
HOUSTON-EMO Trans Inc., headquartered in Freeport, NY, is migrating south in a deal cut for 19,800 sf at the Interwood Business Park along Heathrow Forest Parkway. Midway Development is the property owner.
RAHWAY, NJ-As part of an ongoing portfolio expansion, the two New Jersey-based companies are acquiring two Center City office towers on JFK Boulevard totaling more than 470,000 sf of space.