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BURLINGAME, CA-San Mateo County is giving charity organizations on the San Francisco Peninsula a $750,000 loan to purchase office space in this tighter-than-tight rental market.
SAN LEANDRO, CA-To accelerate redevelopment efforts, Alameda County officials have voted to take control of 24 commercial properties in and around this city using eminent domain; the city votes next week.
FORT LAUDERDALE, FL-The tallest structure in this city has been sold by AutoNation Inc., its largest occupant, for the highest price ever paid for a single building in Broward County. Dallas-based Genesis Capital Advisors paid $53.5 million or $137.06 per sf for the 30-story, 390,320-sf AutoNation Tower. The seller is leasing back the asset for 10 years.
AUSTIN-Three companies based here are buying more real estate on the Information Highway, an ongoing trend in the state's capital where demand and expansions are racing at high speeds.