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DALLAS-The Mercer, the first for-sale residential high-rise in Uptown Dallas, is sealing options in anticipation of breaking ground by year's end on the nine-story, 400,000-sf project.
CHICAGO-Developer says he expects a TIF of between $10 million and $12 million for the redevelopment of the Artmark Building at 1840 North Clybourn. The 380,000-sf, $70 million redevelopment will be more than half reserved for telecom hotel use.
PALM BEACH SHORES, FL-E.D. Holdings of Del Mar, CA has contracted to buy the Sailfish Marina and Resort on Palm Beach County's Singer Island for about $17 million, a lofty tag, according to area industry brokers. A group headed by Alex Dreyfoos is the seller.
AUSTIN-Silicon Valley-based TriMedia Technologies Inc., a spin-off from the business unit of Philips Semiconductors, has set up its first design center outside CA, selecting a 3,000-sf space in Austin. The city's available pool of skilled designers sparked the selection of Austin.
FORT LAUDERDALE-A growing number of South Florida industrial property owners are setting their leasing sights and priorities on high-tech space-users rather than conventional warehouse and distribution center tenants, according to a new report.