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DETROIT- Lawrence Technological University's Distinguished Architecture Alumni Award goes to SmithGroup Michigan vice president and director of building technology Thomas O'Connor.
LONG BEACH, CA-A multifamily complex here has secured $6-million in financing from Chicago-based Capri Capital. Rent rates in SoCal increased on average 12.5% over the last year, where occupancy is now at 98.1%
KANSAS CITY, NORTH, MO-Construction is underway on an additional 450,000 sf of warehouse space in Hunt Midwest Real Estate's SubTropolis. The new space will be a warm shellhouse warehouse that includes three buildings.
DENVER-Another multifamily report is out. This one predicts rents will again rise as investors snap up class-B and class-C complexes and renovate them in what is proving to be a growing trend in the region.
ORLANDO-Smith Travel Research notes that the Lake Buena Vista, FL attractions hub, dominated by the 30,000-acre Walt Disney World enclave, shows the highest February occupancy at 81.3%, but that is still 4.2% under the 84.9% occupancy posted in the same month last year.
FREEHOLD, NJ-Cronheim put the package together for the 84,598-sf, three-building property, which features Circuit City, Pier 1 Imports and Provident Savings as key tenants.
DENVER-Another multifamily report is out. This one predicts rents will again rise as investors snap up class-B and class-C complexes and renovate them in what is proving to be a growing trend in the region.
PARSIPPANY, NJ-The REIT, still developing and buying aggressively in the face of rumors that it's in merger talks with Reckson, increases its office holdings in this submarket to more than two million sf.
RESTON, VA-With the signing of three leases by three separate law firms, a 16-story, 233,951-sf office tower being developed by in the volatile Dulles Corridor is more than half leased.