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DETROIT-The former Mercy Hospital on Detroit's East Side has been transferred to a joint venture between to SER Metro, a multi-service community organization; and Boysville, a Catholic organization serving youths and their families.
NORTH WILDWOOD, NJ-Local officials in this summertime resort community want to see 19 acres of bayfront land developed as either multifamily or single-family housing. The site carries some development restrictions.
AUSTIN-The city has inked a three-year lease with Luci Baines Johnson's LBJ Holding Co. The Law Department pact for 23,118 sf carries slightly more than $2.7-million cap and includes two one-year extensions.
BOCA RATON, FL-The Dallas-based real estate firm puts Black in charge of program coordination and new associate training in the markets of north Broward and Palm Beach counties. Boca Raton is 42 miles north of Miami.
SEATTLE, WA-With recent leases adding nearly 85,000 sf of space to its administrative offices, the Seattle banking firm now has nearly a 1 million-sf presence in the CBD here, including its headquarters in the prestigious Washington Mutual Tower.
CUPERTINO, CA-Mission West Properties say FFO for its fourth quarter of 2000 increased 32% from the same 1999 period. Shares of Mission West were trading at $13.95 Friday afternoon, off 5 cents from Thursday's close.
LA HABRA, CA-Aviation products company buys industrial building in La Habra and will locate there from a facility in Brea in March 2001. The facility will be Powerturbine's new corporate headquarters.
LOS ANGELES-The short but beloved trolley system that connects the 'old' Downtown to the new has its first serious accident in 99-year history. Dozens of office workers witness the crash, caused after a cable snapped and sent one wooden trolley hurtling into the other.