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HOUSTON-A Houston developer gets the go-ahead for financing on a $17.2 million project near the Buffalo Speedway. The 320-unit project is one in a series of multi-family developments in the planning or under construction for the city.
SAN FRANCISCO - Approximately 85% of the condos in Millennium Tower have been sold, with prices starting at about $1 million. Rooms at the hotel are expected to rent for about $400 a night
MUKILTEO, WA-The real estate operating company plans to put "several million" into the 350,000-sf waterfront building to prepare it for bandwidth-intensive, high-tech and telecommunications tenants.
ORLANDO-Fields Motorcars of Florida Inc. is operating the new facility on a one-acre pad in SouthPark, one of three business parks comprising the 4,500-acre, mixed-use Orlando Central Park. Fields paid $500,000 or about $11.48 psf for the parcel.
STAMFORD, CT-Louis Dreyfus Property Group marketing new high-rise office building to be built in downtown Stamford. The availability rate for class A office space is 5%.
NEW YORK CITY-High-tech tenants can benefit, too. They have to pay a hefty rent but don't have to spend money to install expensive communications wiring.
DENVER-A limited stakes gaming operation has hit the jackpot, pulling in 66% more money this year than last. The high-rolling company's success now accounts for 13% of the state's gaming-generated revenues.
Alpharetta, GA-Developer plans a 76,536-sf office-retail-townhome complex on 11.5 acres targeted for small businesses and firms needing 1,000 sf to 3,000 sf.