MONTERREY, MEXICO-FINSA, one of the largest industrial development companies in Latin America, sells a majority stake in its 10.5-million-sf Mexico industrial portfolio to a subsidiary of GE Commercial Finance Real Estate, keeps the property management assignment and uses a portion of the proceeds to launch a new fund with AIG.
SEATTLE-Colliers International creates a managing director of global initiatives post and fills it with the former national director of research for Grubb & Ellis.
PORTLAND, OR-The metro area's regional government expands the urban growth boundary to include 550 acres near Hillsboro's high-tech corridor and 65 aces north of Cornelius. It's all part of a plan to meet the region's employment needs.
PARK CITY, UT-Stan Castleton, developer of the 1,572-room Anaheim Hilton, the second largest four-star hotel in California, is preparing to develop a five-star condo-hotel here, the place Ski magazine last month named the No. 1 resort in North America.
PARK CITY, UT-Stan Castleton, developer of the 1,572-room Anaheim Hilton, the second largest four-star hotel in California, is preparing to develop a five-star condo-hotel here, the place Ski magazine last month named the No. 1 resort in North America.
SEATTLE-A majority of the collateral for the $27.5-million in 10-year first mortgage financing is the Roosevelt Hotel, its property in Downtown Seattle. The interest rate is in the mid 5% range.
SEATTLE-A majority of the collateral for the $27.5-million in 10-year first mortgage financing is the Roosevelt Hotel, its property in Downtown Seattle. The interest rate is in the mid 5% range.
SAN FRANCISCO-One year after voters called for it by approving Measure I, the City of San Francisco is finalizing a contract with ICF Consulting to direct the creation of an economic development plan. The intent is to attract and retain businesses and grow employment.
PORTLAND, OR-The footwear company, which is relocating its headquarters here from Alameda, CA, is looking for a historic building it can renovate for its new Portland headquarters. Meantime, it needs 20,000 sf of temporary space.
PORTLAND, OR-The footwear company, which is relocating its headquarters here from Alameda, CA, is looking for a historic building it can renovate for its new Portland headquarters. Meantime, it needs 20,000 sf of temporary space.