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DENVER-Income Property Specialists has snagged its first Lower Downtown contract, taking over as property manager for the Streetcar Stables commercial component. The Boulder-based company's forte is to turn around undervalued properties.
MIDDLETOWN, NY-Officials with Masada OxyNol LLC of Birmingham, AL say that the company could begin construction on a waste-to-ethanol conversion plant valued at more than $100 million by this spring.
ORLANDO-The Osceola County-based real estate firm is relocating to the SouthPark section of Orlando Central Park where it has purchased a 1.08-acre pad for $260,000 or about $240,740 per acre ($5.40 per sf).
DETROIT-Joe Nederlander's hotel idea is no longer viable as a lawsuit over racetrack at Michigan State Fairgrounds drags on. A new high school and store will be built at the corner of Eight Mile Road and Woodward Avenue.
SAN DIEGO-The CMBS market rose above its traditional role as a hedge against a soft economy, becoming a major global force that reached $12 billion in foreign markets, according to a new Ernst & Young Report.
ORANGE COUNTY, CA-Record revenue from theme parks offsets poor showing from Internet unit. Chairman Eisner also shares some blunt thoughts about Anaheim.
AUSTIN-Transwestern and Colliers Oxford have sealed a deal that takes all three finished buildings in the Amber Oaks Corporate Center to full occupancy. Proxim will office in 15,629 sf in the park, where five more buildings are coming out of the ground.
NEW YORK CITY-The site should free brokers from showing preliminary transactions to lenders to determine interest and then coming back to them for commitments. It also allows lenders to review underwriting documentation and place bids online.
HOUSTON-The Park Row area is in line for a 53,000-sf church campus. The Korean Central Presbyterian Church has set the development in motion with a 7.9-acre purchase from the Wolff Cos.