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LANSING, MI-More than a dozen automotive suppliers are looking at a newly rezoned 93-acres in Delta Township, with Tower Automotive possibly building 450,000-sf plant.
AUSTIN-An on-line meeting of a developer and equity investor--both based in Dallas--has given new meaning to the speed of the Internet, says Denver-based EquityCity, which has partnered the two for an $8.1-million, 31-unit luxury .
SAN DIEGO-A private partner of real estate titan Jay Shidler makes a big San Diego play, paying $38.1 million for five industrial and R&D business parks. The properties--located in Miramar, Sorrento Valley and Sorrento Mesa--have a combined sf of 537,345.
DENVER-PhatPipe Inc., a real estate high-tech company targeting industrial properties, is getting $16-million backing from Denver-based ProLogis, a REIT that owns, manages and develops distribution facilities.
ORANGE COUNTY,CA-The Federal government seeks to ban development of 12,060 prime acres, fearing that new projects would doom recently discovered 'fairy shrimp' species.
HOUSTON-Whitney Holding Corp. has agreed to acquire American Bank of Houston, in a stock swap deal valued at $63 million. The deal is expected to be sealed in early 2001.
CHICAGO-The $1.5 billion Lakeside East project should have city hall's blessing by the end of the year, with construction starting in the spring, developer says. Reaction to the lower density, mostly residential-focused plan ranged from "it's much better" to "it's a con job" at last week's community meeting.