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IRVINE, CA-This first Bay Area purchase will be the flagship deal for Gale & Wentworth California to open an office in northern California next year.
FEDERAL WAY, WA-The buyers were Costco, which bought five acres, and an unnamed Beverly Hills-based family that purchased 12.89 acres - one of the local development's only remaining undeveloped parcels.
HOUSTON-Eleven leases, totaling 251,997 sf, account for a weeklong leasing frenzy in the year-end race for Houston space. Two Crescent tenants renew and expand their spots at 5 Greenway Plaza and Four Houston Center.
BOSTON-Recent city assessments increase the value of the land that comprises the site of the proposed new ballpark in Fenway. The team has been struggling to finance its share of the project and the increase in land values further complicates their plans.
FREEMONT, CA- On Monday, Nasdaq halted trading of the locally-based retailer, which specializes in educational toys and other merchandise. The company says "disappointing overall holiday retail sales...caused us to evaluate alternatives.
ORLANDO-Worthwhile Development II Ltd. of suburban Longwood, FL alleges Southlake Utilities Inc. of Clermont, FL fraudulently overcharged the firm for water and wastewater services on a subdivision development. The utility denies the charge.