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LEESBURG, VA--Oxford Capital and Whitehall Funds pay $31 million for Document University. Adding a ballroom, guest room renovations and other improvements are expected to cost $29 million.
ORLANDO-A South Carolina firm is investing $42 million in a 2,129-acre mixed-use venture near Walt Disney World. The project has been seeking a funding angel for the past 48 years.
DENVER-It's starting to be slim pickings in the city's multi-family market as choice narrows and rents rise. Multi-family vacancies dip to 4.9% in second-quarter reporting.
WILSON, NC-Purdue Pharmaceuticals is in a new $25 million, 140,000-sf manufacturing plant, just east of Raleigh, ready to start operations in first quarter 2001.
ORLANDO-The 25-acre, $21 million Gates of Harbortown at MetroWest are opening for 29 three-story garden style buildings and 14 three-story townhome structures aggregately comprising 428 apartments.
HOUSTON-Parking demand in the Central Business HOUSTON-District prompts an office property owner to expand an 11-level garage, adding 679 spaces and two floors. The CBD currently has 90,000 spaces for its 150,000 downtown workers.