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ATLANTA-Parkway Properties of Jackson, MS, whose portfolio already includes Atlanta real estate, is teaming with Southeast OfficeInvest to acquire class A and class B buildings in Downtown areas of the Southeast and Southwest.
TACOMA, WA-The permit, which opponents vow to appeal, opens the door for a proposed 440-acre resort west of Mount Rainier National Park. The $70-million to $90-million project would include a 270-room lodge, condominiums, conference center, shopping mall, golf course and spa.
ASHEVILLE, NC-The state government voted unanimously to take the land in DuPont State Forest from the developer and pay $12 million. The case could go to court.
CHICAGO-New York-based W.P Carey & Co. has entered into a $3.3 million sale-leaseback agreement with Universal Technical Institute for a Glendale Heights building.
PORTLAND, OR-With class A vacancies still tight, dotcoms were responsible for much of the leasing activity in class B and C buildings downtown, according to third quarter numbers from Grubb & Ellis. Meanwhile, in the high-tech haven located west of town, several projects were leased up before they hit the market.
LOS ANGELES-Cushman & Wakefield snatches five top pros from competitor Lee & Associates, the latest salvo in a war for the best brokerage talent in Southern California's red-hot real estate market.
HOUSTON-Four eateries and one NC-based manufacturer have closed land sales and building leases in bids to tap into Houston's bustling economy. The deals range from the 45th site for Starbucks in the city to the first site for a NC-based cooling tower business
DENVER- The Denver Hispanic Chamber of Commerce has snagged another accolade, this time being named the nation's top Hispanic chamber. The stiff competition for the national title had included San Diego, Milwaukee, Dallas and San Juan, Puerto Rico chambers.
ORLANDO-The Florida Supreme Court wants the state's voters, not special-interest business groups, to decide a high-speed rail system issue. For the second time in a week, the court has rejected a move to take the bullet train measure off the Nov. 7 ballot. Developers and landowners are monitoring the issue closely because hundreds of acres of rights-of-way land would be needed to build the bullet train project.