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HERNDON, VA-Los-Angeles-based Oakwood Worldwide purchased the Jefferson at President's Park 20-acre corporate apartment complex for $61 million. The complex, under construction, will be renamed Oakwood Dulles.
COLORADO SPRINGS, CO-More jobs, more multifamily permits and more development make Colorado Springs more economically vibrant than ever. Like any other city, the strong market is a result of job creation.
SECAUCUS, NJ-The NY-based publisher and distributor of children's books, including the highly successful Harry Potter series, will use the space as its new information services center. Grubb & Ellis brokers arranged the deal.
ASHBURN, VA-Sales are brisk at Belmont Greene, a neighborhood development here that includes recreation, religious and office buildings. More than 50 homes are pre-sold along with a Montessori Academy slated to open in the fall of 2001.
ST. PAUL, MN-Backers of a Minnesota casino say it would generate $100 million in revenues for state, while a Wisconsin casino would benefit an ailing dog track. But not everyone is focused on the upside.
DANBURY, CT-Despite a recent slowdown in sales, Ethan Allen Interiors reports that its planned store openings for this fiscal year are "on track." The chain already proceeded with much expansion throughout 2000.
KANSAS CITY-Dave Campbell, Kevin Carr, Scott Dawald and Lucy Flynn have received promotions at an architectural firm here. All have been with the company for at least five years.
DALLAS-Triad Hospitals has set its 2001 course, taking full control of a Tulsa, OK hospital, selling one in Sherman, TX and abandoning a $150-million replacement project in northern San Diego County. Tulsa is the big gainer in the portfolio shuffling.