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CHICAGO-Equity Residential and six other big apartment REITs have made a $10.3 million equity investment in rental Internet exchange Viva.com. Viva will create a digital dialog with renters, Equity Residential CEO says.
CHARLOTTE-The West Charlotte Merchants Association hires Colleen Bush to replace community activist Louise Sellers as manager of the 10-year-old venture. The west side building has only six tenants occupying a 10,000-sf building developed for 18 users.
BOSTON-Landmark Ltd.'s plan to redevelop the Boston Police Headquarters was killed after city officials became frustrated with the company's inability to pursue financing.
KENT, WA-A company official for Berkeley, CA-based Grocery Outlet Inc. says a second and third location may open in the county during first quarter 2001. The first location, a 15,000-sf store in Kent, is slated to open Nov. 18.
MAHWAH, NJ-A developer of facilities here and in Teaneck welcomes home improvement products distributor and footcare products manufacturer in separate transactions arranged by NJ offices of Trammell Crow Co.
DENVER-MONY Real Estate Investment Management, based in Littleton, CO, has approved $17.5 million in mezzanine loans for Rio Vista Apartments in San Diego's Mission Valley and the Grand Venetian in Las Colinas, TX.
NORWALK, CT-Cendant Membership Services, a division of Cendant Corp., has signed a lease for approximately 115,000 sf of space at the former headquarters of Purdue Pharma LP in Norwalk.
SAYREVILLE, NJ-At the same time a developer unveils a new multi-tenant tech complex fashioned out of former Keebler cookie plant, the state unveils a grant program to create cyber districts.