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WILTON, CT- Scheufelen North American Inc. has signed a 15,000-sf lease at Twenty Westport Road, which brings the 335,000-sf building now under construction to three quarters full.
ORLANDO-M&K Investments will plow at least $22 million into an eight-story, 178-unit condominium/retail venture in revitalizing Downtown Sanford if the city will donate a 2.6-acre, non-revenue generating parcel for the project. The proposed undertaking is the first of its kind in the Seminole County city 30 miles north of Downtown Orlando.
HOUSTON-The L.J. Melody real estate investment banking firm has arranged $44.8 million in financing for two apartment projects owned by CWS Apartment Homes. The loans have been sold to Freddie Mac.
PORTLAND-The 36-year-old, seven-story structure at Southwest Second Avenue and Morrison Street is undergoing a renovation this fall for re-occupancy in the first quarter of 2001.
ORLANDO-A Minneapolis-based real estate firm and the National Basketball Association jointly plan to use the 350-seat, 17,000-sf asset as a prototype for a worldwide chain. The acquisition price was not disclosed. Hard Rock Cafe International of Orlando launched NBA City last September but later sold or transferred its interest to the NBA to shore up company finances.