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ESCONDIDO, CA-A local apartment investor continues a San Diego County buying spree, laying out $8.3 million for a 112-unit project in this North County city. Property rehabilitation is gearing up for the 28-year-old complex.
LIVERMORE, CA-The hotel developer says the project no longer pencils out, so city officials decide to develop the 20,000-sf office and retail portion of the project and hoipe for the best.
LOS ANGELES-The home-furnishings giant closes purchase of parcel that straddles LA and Kern counties, plans to begin 1.8-million-sf industrial development within weeks.
MORRISVILLE-This Triangle town, situated slightly northwest of Raleigh, NC is experiencing a dramatic increase in new retail projects triggered by significant residential growth.
LOS ANGELES-Gov. Gray Davis has signed a bill that requires those who want to divvy up the city disclose the names of contributors who are funding their efforts.
AUSTIN-Charles Schwab & Co. Inc. has christened its fifth investor center in the US, a move expecting to generate 3,500 jobs over the long term. The project is a four-building complex at 12401 Research Blvd.
SAN MARCOS, CA-A freeway-visible landmark fetches nearly $4.8 million, with the new owners planning a face-lift for the 106,000-sf structure. The center, which had closed in January, will be retrofitted into a home furnishings, mixed-use retail and office location.
ANN ARBOR, MI- The trust's board is not happy with stock performance, says CFO. Captec's announcement caps a busy week for consolidation in the retail REIT sector following Rodamco's acquisition of Urban Shopping Centers and CBL Properties acquisition of Richard E. Jacobs Group's retail properties.