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CHARLOTTE-The Hearst Corp. will occupy about 200,000 sf in the 46-story, $160 million building. Bank of America Corp., the asset's lead developer, will take about 475,000 sf. The building is expected to be fully rented months in advance of its scheduled 2002 opening.
WEYMOUTH, MA-In yet another setback for Mills Corp., Weymouth Town Council votes to support Mayor Madden opposition to the company's proposed mega mall/business complex on the former South Weymouth Naval Air Station.
CORAL SPRINGS, FL-Palm Crest Apartments of Bethesda, MD paid Sutton Place Management Inc. $2.9 million or $69,048 per unit for the 42-unit property at 4900 Riverside Dr. here.
GATESVILLE, TX-A planned disposition of non-core assets has Texas manufacturing site, totaling more than 200,000 sf, changing hands. RailAmerica sells the property northwest of Austin to The Heil Co., a Tennessee-based firm.
SAN FRANCISCO-The $500 million lease deal gives the company just under half of Foundry Square, a 1.2-million-sf project being developed by Wilson/Equity Office at the intersection of First and Howard Streets.
LEADVILLE, CO-The Rocky Mountain Mutual Housing Association shells out $3.9 million for its first affordable housing project in the mountains. The 162-unit is nestled south of Vail and east of Aspen, an ideal location for seasonal workers.
LIVERMORE, CA-The hotel, which will be operated by Diva Hospitality Group in agreement with Hilton, is the chain's second on Silicon Valley's eastern edge. Nearby Pleasanton already has a Hilton Pleasanton at The Club.