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TACOMA, WA-The 13.7-acre property in the heavy-industrial waterfront area here was the only such parcel that Simpson had not yet developed. The subsidiary of Seattle-based Simpson Investment Company owns about 150 acres here, including a timber mill.
WHITE PLAINS-Mayor Joseph Delfino is attempting to contact officials with J.C. Penney to try to convince them to keep the retailer's store at the Galleria at White Plains mall open.
TACOMA, WA-Having spent a year and $3.4 million assembling its requisite four-acre parcel in the central business district here, Deuce Vision LLC is moving closer to its long-term goal of a master-planned, office-retail-residential development.
PHOENIX-The area along I-17 near the Loop 101 will be getting a 475,000-sf back office and warehouse project. The popularity of this area with developers has gotten a boost with the opening of Loop 101.
FAIRHAVEN, MA-Heyman Properties purchases Fairhaven Common, a retail center here, for $16.7 million. This is the company's second shopping center acquisition in 18 months.
ORLANDO-The 14-year-old, locally based firm racked up a record $28.9 million in sales last year, selling everything from corner pizza parlors to million-dollar real estate assets. This year, the firm is aiming for $40 million, an unprecedented figure in the Florida brokerage industry.
CHICAGO-The Federal Government provides $384 million for reconstructing a CTA elevated line serving the West Side and neighboring Cicero, helping preserve the market's "superior public transportation system.
ORLANDO-A joint venture of Cigna and Interstate Hotels Corp. has bought the 508-room Sawgrass Marriott Resort in Ponte Vedra Beach, FL from Resort Holdings I Ltd. and PV Resort Inc. for $200,787 per room.