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HOUSTON-The Atlanta-based Brookdale Group has contracted to buy the Eldridge Place I & II office towers in west Houston. The sales price is expected to be in excess of $50 million.
SAN FRANCISCO - The national shopping center real estate investment trust upped its western assets this week with a $355 million portfolio acquisition that includes three Bay Area properties.
BOXBOROUGH, MA-The project will be developed behind an existing building acquired last year by the real estate company. Since the beginning of the year, rents have risen from $13 per sf to $18 per sf.
DENVER-Making its fourth move since 1915, a 100-attorney firm has moved lock, stock and barrel into 85,000 sf in LoDo's Millennium Financial Center. The $30 million structure is the first major office building to open in the CBD in nearly 15 years.
ATLANTA-Post Properties, Inc., Avalon Bay Communities Inc. and United Dominion Realty Trust are entering the world of e-commerce with their Realeum, Inc. venture. The group has garnered $15 million in initial funding.
ORLANDO-Johnny Rivers, an executive chef at Walt Disney World for 25 years before starting his own Orlando barbecue restaurant, plans to open Conch Me Crazy at the $14 million, 167-room Embassy Suites Hotel downtown in November.
EVERETT, WA-The Puget Park shopping center here and Meridian Village in Bellingham are now owned by a partnership of Prudential Real Estate Investors, Developers Diversified Realty and Coventry Real Estate Partners
PETALUMA, CA - After 25 years as a small, family-run property manager, G & W Management Co. has a new boss, a new name and a new strategy; it's an emotional time for the family