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INDIANAPOLIS, IN-The 152-unit Northampton Village town-home rental community is sold by Chicago-based International Capital Corp. to Minnesota-based co-op converter AHEP. The Dietz Organization of Birmingham, MI brokers the deal.
OCEANSIDE, CA-Developer Douglas Manchester, already planning a beachfront resort here, has now submitted plans for a hotel and golf course in the El Corazon area three miles inland.
NEW YORK CITY-The first commercial real estate property to house its own onsite, privately-owned, co-generation facility will go up on the block between 57th and 58th Streets and 11th and 12th Avenues in Manhattan.
BELLEVUE, WA-Although the Eastside office market here has taken a beating, Bob Farra of Colliers International and Jeff Scanlan of CB Richard Ellis' Bellevue are seeing pain-free pastures further out on the horizon.
CHANDLER, AZ-Lowe Enterprise Commercial Group is pushing dirt on a 375,000-sf first phase of a $49-million office park. The 26-acre site is about a half-mile from the under-construction Price Freeway.
WASHINGTON, DC-The Securities and Exchange Commission has signed a 14-year lease valued at approximately $400 million for space in an office building to be constructed by Louis Dreyfus Properties LLC.
OAKLAND-The Lawrence Berkeley National Lab has opened a new state-of-the-art supercomputer home in a renovated bank building downtown. The move highlights this city's efforts to redevelop itself partly as a high tech hub.
AUSTIN-Travis County has cut a list of nine architects for a 60,000-sf building down to three. A five-member team will have its recommendation for the commissioners by Tuesday. Final interviews already have started.
LOS ANGELES-A 290,000-sf office and retail project will soon rise in El Segundo's Continental Park, the 3-million-sf mixed-use complex just south of Los Angeles International Airport that includes office space, restaurants, a hotel, a movie theater and a 100,000-sf fitness facility.