MORGAN HILL, CA-The developer of Morgan Hill Ranch Business Park will make improvements to an undeveloped 60-acre tract of land within the otherwise developed 300-acre park.
PORTLAND-The five-year lease for most of the seventh floor drops vacancy in the class B office buidling to 3%. Eighteen months ago vacancy was 30% and some big leases were nearing expiration.
LAS VEGAS-Kerr-McGee Corp., the oil and gas exploration company recently acquired by Anadarko Petroleum Corp. sells land inside the 10,000-acre Apex Industrial Park that spans Interstate 15 northeast of the city.
SAN FRANCISCO-Locally based Friedkin Realty Group sells three apartment complexes in Walnut Creek, CA, and one in Mountain View, CA, to JB Matteson of Redwood City, CA, for about $70 million.
SAN FRANCISCO-The University renews its 15,000-sf lease for the first floor of the building adjacent to the 49ers football stadium and takes down an additional 27,500 sf on the third floor.
LAS VEGAS-The 102,000-sf second phase of the $48-million development will consist of seven buildings including inline stores, retail pads and anchor space. New tenants will include Chili's and TJ Maxx.
LAS VEGAS-The 102,000-sf second phase of the $48-million development will consist of seven buildings including inline stores, retail pads and anchor space. New tenants will include Chili's and TJ Maxx.