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SEATTLE-Bought with the help of a $26.6-million loan from GE Real Estate, the four-property office portfolio totals 229,325 sf and is approximately 90% leased
FLOWOOD, MS-JCPenney, Dick's Sporting Goods and Bed Bath & Beyond rope off 174,016 sf in Market Street Flowood's phase one. Second-phase work starts in two weeks.
HOUSTON-The decision upholds Whitestone REIT's right to change its bylaws and eliminate a provision for majority written consent. The challenger says it's not over yet.
PHOENIX-The buyer gets the vacant 78,000-sf Luhrs Building and 95%-leased, 163,000-sf Luhrs Tower. Up to $6 million will be spent to upgrade the 1920s-era historic assets.