HOUSTON-In the aftermath of two major hurricanes, the Salvation Army sets up a staging area in donated space at the Opus Fannin Center. The space is valued at roughly $6 per sf.
HOUSTON-In a just-released report, O'Connor & Associates calculates occupancy rose 2.4 points since the beginning of summer due to Hurricane Katrina. But, says the group's top researcher, the spike is likely to level off over the long haul.
HOUSTON-In a just-released report, O'Connor & Associates calculates occupancy rose 2.4 points since the beginning of summer due to Hurricane Katrina. But, says the group's top researcher, the spike is likely to level off over the long haul.
GLENDALE, AZ-In a 45-day deal, the private investor gets $16.8 million for the 364-unit Sienna Park Village Apartments from a local buyer, who already has established a multifamily asset footprint in the 67th Avenue corridor.
DETROIT-Paul Choukourian, with years of experience in leasing and management of real estate, joins the staff of Liberty Property Trust as a leasing representative, who will handle the company's Michigan-based portfolio.
PHOENIX-Two families, with a solid reputation for upgrading class C properties, take charge of the 90%-leased Poco Jardin Apartments from a SoCal partnership that exits the market with the deal.
HOUSTON-Five-year tenant C-K Associates of Baton Rouge, LA, will stay put in 2,516 sf of class A office space in the FM 1960 corridor. The firm, with specialties like coastal restoration, gets just minimal tenant improvements with the reworked deal.
MESA, AZ-A California partnership, working a 1031 exchange, has purchased Falcon Gateway, a 59,223-sf shopping center anchored by a 208,000-sf Wal-Mart SuperCenter. The one-year-old center is 98% leased when the deal closes.
MESA, AZ-A California partnership, working a 1031 exchange, has purchased Falcon Gateway, a 59,223-sf shopping center anchored by a 208,000-sf Wal-Mart SuperCenter. The one-year-old center is 98% leased when the deal closes.