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AURORA, CO-A $45-million, 345-unit multifamily development gets a green light from city council despite community pressure to nix the project. Construction is now clear to begin in March.
CAMBRIDGE, MA-Exemplifying the strength of the city's office market, the pair of class A buildings will fetch more than $200 million, according to industry sources.
RESEARCH TRIANGLE PARK, NC-Research Triangle Park, 150 miles from Charlotte, was a success from the start. Now, after more than 40 years of progress, the park is one of the most strategic and prestigious addresses in the state.
McGOWAN, WA-A U.S. Senate bill to expand the Fort Clatsop National Memorial in Warrenton, Ore. for the bicentennial of the Corps of Discovery may include this tiny spot on the north side of the Columbia River.
PHOENIX--Developer of $557-million project is refusing to disclosure financial information to Scottsdale's city council, which may pull the plug on $100 million in public funds earmarked for the project.
SEATTLE-Developers are converting more warehouses here for use as telecom data facilities, which fetch several times more per sf than traditional industrial space.
CHICAGO- The nation's largest industrial REIT will develop a huge, 1.7 million-sf distribution facility for the consumer products giant in Scranton, PA. The new project is indicative of the kinds of "value added" development deals First Industrial is aggressively pursuing as the REIT refocuses its business strategy.
VANCOUVER, WA-The two injection molding firms in June said they would consolidate operations at Puget's headquarters. They have instead set up in TriQuest's 3.25-acre, 100,000-sf plant at 3000 Columbia House Blvd.
FT. WORTH-David M. Sherman will be joining the board of trust managers for Crescent Real Estate Equities Co. Sherman's experience is being touted as valuable to take Crescent "to a new level," says the REIT's CEO.