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DENVER-Developer Pat Barron breaks ground on a $15.5-million rental and retail development near the University of Denver. The project, with 35 rental units and 8,800 sf of retail, will provide much needed rental housing for DU students.
CHICAGO-PEAK Construction Development, LLC finishes the conversion of the former Soodik Printing Co. building into 47 loft condominiums, selling 123 N. Sangamon St. for $5.1 million. Records show the facility selling for $4 million a year ago.
DETROIT-Wayne State University plans to break ground later this year on the new $27.3-million Marvin Danto Engineering Development Center. The three-story, 70,000-sf structure will adjoin the existing College of Engineering.
SIMI VALLEY, CA-The deals include a 33,000-sf lease by Johnson Controls at an office building here and a 16,000-sf deal at a new project in Agoura Hills.
FRAMINGHAM, MA-Boston-based Pyramid Hotel Opportunity Ventures acquires a Sheraton hotel known for its castle architecture. The 373-room, eight-story hotel on the Massachusetts Turnpike and Route 9, will undergo an $8-million facelift under the new owner.
PHOENIX-Orcutt/Winslow Partnership is taking its business to the next level with an 11-year lease at Phoenix Corporate Center in the Downtown. The final agreement nudges the $18.75 per sf quote when all provisions are factored into the plan.
DENVER-The 186-unit high rise is the first of a new breed of luxury condos coming to Downtown. With half the units already sold, the groundbreaking is a year ahead of schedule, and completion is set for early 2008.
DENVER-The 186-unit high rise is the first of a new breed of luxury condos coming to Downtown. With half the units already sold, the groundbreaking is a year ahead of schedule, and completion is set for early 2008.