TORONTO-The locally based retail REIT acquires land for development of a 500,000-sf retail center in Edmonton and agrees to acquire an existing 283,000-sf retail center in Calgary. In addition, RioCan recently acquired an urban retail development site in Downtown Toronto.
SAN JOSE, CA-The Tualatin, OR-based manufacturer of digital televisions, monitors and projectors is relocating from a property in Campbell to one here and is expanding its leasehold to accommodate a company it acquired in June.
REDMOND, WA-The Seattle-based insurer enters an agreement to sell its 46-acre, 1.4-million-sf campus here to locally based Microsoft Corp. Safeco is planning to vacate the campus and consolidate its regional operations on headquarters campus in Seattle's University District, which it plans to expand.
REDMOND, WA-The Seattle-based insurer enters an agreement to sell its 46-acre, 1.4-million-sf campus here to locally based Microsoft Corp. Safeco is planning to vacate the campus and consolidate its regional operations on headquarters campus in Seattle's University District, which it plans to expand.
SEOUL-ProLogis manager for operations in the country tells GlobeSt.com it will break ground in Gyeonggi Province for a 400,000-sf cross-docked facility without any signed tenants, but adds that negotiations are underway with users that would fill the building.
SEOUL-ProLogis manager for operations in the country tells GlobeSt.com it will break ground in Gyeonggi Province for a 400,000-sf cross-docked facility without any signed tenants, but adds that negotiations are under way with users that would fill the building.
VANCOUVER, WA-The 29-acre Downtown parcel will go to the highest bidder with the fewest conditions to close. Bids are being accepted through March 17. The property is considered ripe for condominium development.
SACRAMENTO-GMH Communities Trust, a student and military housing REIT, acquires Royal Riverwood, an apartment community located adjacent to the local campus of California State University.
OLYMPIA, WA-Seasonally adjusted total non-farm payroll state wide grew by 5,400 workers in December on the heels of a 7,100-person gain in November. The seasonally adjusted year-end unemployment rate was 5.3%.
MAUI, HI-GMAC Commercial Mortgage Corp. provides $202.8 million for a two-tower, 120-unit development across from the Grand Wailea Resort here and $135 million for a 212-unit development in the Waikiki section of Honolulu.