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ESTES PARK, CO-The Wild Basin Lodge, featuring 13 acres with river frontage, a full bar and lounge and five sleeping rooms, will be auctioned off on September 30th. A minimum bid of only $1.95 million includes not only the real estate, but also all equipment and furnishings needed to continue the business uninterrupted.
BURBANK, CA-With the first phase of Burbank Entertainment Village almost done, the theater chain picks Champion Development of Los Angeles to build the second phase of 209,012 sf of retail, a pedestrian plaza and two parking garages.
BOSTON-The Boston Wharf Co. sells its vast real estate portfolio in the waterfront's Fort Point Channel to New York-based Tishman Speyer Properties. The deal involves 44 industrial buildings which were sold for a reported $500 million.
PORTLAND-Intended uses of the incentive funds include a wide variety of expenditures, ranging from infrastructure needs (such as sewer or water extensions), to permit fees, tenant improvements and site acquisition.
METROPOLITAN WASHINGTON, DC-Multifamily lender Independence Community Bank Corp. has made plans to expand its presence to the prospering Washington, DC region real estate market.
BEDFORD PARK, IL-The building located on 8.2 acres at 5001 W. 66th St. will be redeveloped for use by multiple tenants after being sold by the London-based food packager for $2.35 million.
LONDON-The property portfolio of department store chain Debenhams has been revalued at pounds 425 million ($694.3 million), 30% less than the company had hoped
DENVER-An accounting and consulting firm, a sporting goods manufacturer, and a residential mortgage company have all taken Mack-Cali space in recent leases in metro Denver .
LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme