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BOSTON-The Boston Museum Project wants to build a city museum on one of two prime pieces of real estate here. The project requires the support of the city but the mayor has not committed himself yet.
ORLANDO-The gift from the Office of Tourism, Trade and Economic Development will allow Osceola County to update its 16-year-old baseball complex and keep the Houston team happy until 2016 at least when the new 15-year lease expires. The facility on East U.S. 192 is 20 miles south of Downtown Orlando.
CHICAGO-A sale by Banyan Strategic Realty Trust, a REIT based Downtown here, of its real estate portfolio for $226 million to privately-held Denholtz Associates includes more than 250,000 sf in Orlando and Winter Park.
DETROIT-The short-term prognosis is good, the company says, even with sharply lower absorption due to slowed construction. Rent increases averaged 5.4%, bringing the asking lease price to $20.16 per sf.
PHOENIX-Opus West has found one of the last few remaining vacant parcels along the Black Canyon Corridor and has started building a 95,000-sf office building there.
PORTLAND, OR-The locally based outdoor apparel company currently owns and operates some 649,000 sf of contiguous space here in the Rivergate industrial district. The expansion will make the publicly traded company's facilities the largest distribution center in the district.
PLEASANTON, CA-A couple eyeing retirement and faced with costly is throwing in the towel and shutting its doors last week. The couple will either lease out the two-story building or sell it off.
DETROIT-An owner who bought a small island in Lake Michigan to save it from commercial development is donating it to the state, which is talking with him about his acquiring land in a neighboring island.
ST. PAUL, MN-A $58-million project will require just 18 homes to be razed on 24 acres on the struggling East Side rather than the more than 100 originally proposed. Some new housing would be built along with light industrial development.
DENVER-Craig Nassi is gearing up for yet another groundbreaking of a luxury condo project, a $102-million undertaking for the Golden Triangle neighborhood. The Beauvallon takes its cues from French architecture.