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FULLERTON, CA-Guthrie Development, which currently has five projects under way throughout Orange County, has purchased a 80,288-sf office/industrial park.
ALAMEDA, CA-Two advocacy groups that filed lawsuits last year against the city over environmental and housing issues at the former Alameda Fleet Industrial Supply Center have settled out of court.
NEW YORK CITY-Harlem, Manhattan's historical and cultural mecca for African Americans, may be losing the population that made it famous, perhaps because of renewed interest in the area by developers driving rental rates higher.
SEATTLE, WA-In the Puget Sound, the aircraft manufacturer has hired Trammell Crow to sell off 240 acres in Renton as a business park as well as several dozen acres in Everett that hold two office buildings and an industrial building.
ELGIN, IL- A 127,280-sf state-of-the-art call center on 13 acres at 777 Big Timber Road, occupied by Verizon Wireless, is being marketed by Trammell Crow Co. The owner paid $10.5 million for the property in 1997.
CHICAGO-A 124-unit apartment complex in Rockford, IL sells for $3.4 million while a 61,495-sf shopping center in South Haven, IN sells for $1.35 million. Marcus & Millichap represents buyers and sellers in both deals.
WASHINGTON, DC-Fannie Mae will redeem the principal amounts on two MTN-type securities totaling $205 million on March 29, at 100% of their redemption prices plus interest.
MIAMI-The Miami market leads the nation in 12-month price-per-sf for industrial-warehouse space, while West Palm Beach is tops in price and rent per sf for retail, according to the quarterly report from San Francisco-based National Real Estate Index.
HENDERSON, NC-Economic officials in this rural area, 200 miles northeast of Downtown Charlotte, hope the new facility is only the beginning. A key intersection could help spur needed economic growth.
ORLANDO-The unique $16 million, 15-acre venture being developed by former Philadelphia Baptist minister Marvin Rosenthal, argues the Orange County Property Appraiser should assess the undertaking as a museum and not as an attraction comparable to Walt Disney World or Universal Orlando.