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DENVER-J.P. Morgan has made its first buy in the Denver market, setting a state record for the per unit cost. The $40-million purchase breaks down to $131,578 per unit for the Brookside Village Apartments in the Denver Technological Center.
CONCORD, CA-James Forsberg, the new director, was a key player in the development of San Jose Arena, the Tech Museum of Innovation and San Jose Repertory Theatre. Before San Jose, Forsberg held planning positions in Southern California and Arizona.
FT. WORTH-A Henry S. Miller Commercial team in the Arlington office has closed two industrial transactions. One's in Fossil Creek and the other, the Great Southwest, where an automated truck fueling station is planned.
WILTON, CT-Respond Inc., a computer software firm, has relocated its corporate headquarters operations from Westport to almost 9,000 sf of space in Wilton, according to the Stamford-based office of brokerage firm Grubb & Ellis.
PHOENIX-While the unemployment rate remained steady through the end of the year, there are signs that Arizona's economy is beginning to follow the nation's slowing lead.
PHOENIX-While the unemployment rate remained steady through the end of the year, there are signs that Arizona's economy is slowing economy, similar to the rest of the nation.
RENTON, WA-The buyer, HAL Real Estate Investment, acquires a grand total of 670,000 sf here at an aggregate rate of $124/sf. Unico still owns several other office properties in the Renton area, and is bullish on the submarket.
PALM BEACH GARDENS, FL-The locally based REIT anticipates positive returns on a new law that allows private companies to negotiate long-term leases with the US attorney general, company CEO Charles Jones tells GlobeSt.com in an exclusive interview.