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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.
FORT LAUDERDALE, FL-The City Commission has told the developer of two planned 42-story Downtown apartment towers to lop off as many as 15 floors if he expects to get an OK when the project comes up for a final vote in two weeks. That action may signal the end of what has been a fee-and-easy local approvals process in the CBD.
ORLANDO-In an exclusive interview with GlobeSt.com, Orlando developer George D. Livingston, president of the Paris-based International Real Estate Federation, representing 1.5 million professionals in 50 countries, says so-called smart-growth policies "lead to economic advantages and political gains for the few.
ATLANTA-Strategic Partners, an arm of CB Richard Ellis Investors of Los Angeles, bought the 20-story, 442,930 office/retail asset from Overseas Partners Capital. The seller bought the 13-year-old building in 1995 for $62 million or $139.97 per sf.
ORLANDO-In an exclusive interview with GlobeSt.com, Orlando developer George D. Livingston, president of the Paris-based International Real Estate Federation, representing 1.5 million professionals in 50 countries, says so-called smart-growth policies "lead to economic advantages and political gains for the few.