SCOTTSDALE, AZ-Butte Landmark is fine-tuning the plan for a 101-unit, two-building project that will rise on the northwest corner of 71st Street and Tierra Buena near Kierland Commons. The "for sale" condos will deliver by summer 2004.
ST. MICHAELS, AZ-The opening realizes a longtime family dream to build in Window Rock, says the franchisee. The plan started percolating in 1996 as the owner set about creating a master plan for a hotel and restaurant. Both are now open.
HOUSTON-This time, the accolade comes from the Houston Association of General Contractors for Crescent's eight-acre courtyard plaza. The renovation previously was awarded a bronze and an honorable mention by Texas groups.
KATY, TX-The 312-unit, Trammell Crow Residential project is designed with a western ranch for its gateway positioning in front of an equestrian center. NorthMarq Capital arranged the loan with David L. Babson/Mass Mutual's Dallas office.
SCOTTSDALE, AZ-With the deal now closed, Drs. Kelly Bomer and James Bouzoukis will move their practices from Arlington Heights, IL to a 28,000-sf, three-building complex in Horseman's Park. LGE Corp. is the seller.
HOUSTON-CNC Investments Ltd. beats 14 others lined up for the Forest Apartments, a gated community in North Houston. Seller AIMCO brought the complex to market without a minimum so the heated bidding set the stage for a good return.
MESA, AZ-Paul and Kelly Brock of San Jose become first-time Arizona buyers with the acquisition of the 27-unit Hampton Court apartments at 426 W. 9th St. in Mesa. Seller O'Carroll Properties is selling to focus on redevelopment and new construction.
MESA, AZ-David L. Winston of Sherman Oaks, CA had the 1031 Exchange money and his broker had the deal, an apartment complex now in receivership with its owner in jail. An unsolicited offer of $1.7 million seats the parties at the closing table.
HOUSTON-Clint H. Harrington of McCord Development will lead the 560-member BOMA chapter as president, replacing Steven M. Seltzer of TPMC Realty. This year's president-elect is Ted Freyer of Crescent.
HOUSTON-Infometrics Market Center, eight years in development, is introduced to Houston by Moody Rambin Interests. The Web-based tool delivers real time data for leasing, marketing and property management.