HILLSBORO, OR-Fiber Sensys signs on for 31,000 sf of a 83,244-sf building that Bedford Property Investors acquired vacant last year. The lease is expected to commence early in the fourth quarter of 2005.
KAUAI, HI-The publicly traded vacation timeshare company from Las Vegas pays $27 million to buy out its partner in the oceanfront Embassy Vacation Resort Poipu Point.
KAUAI, HI-The publicly traded vacation timeshare company from Las Vegas pays $27 million to buy out its partner in the oceanfront Embassy Vacation Resort Poipu Point.
LAFAYETTE, LA-Publicly held CBL & Associates Properties Inc. acquires the 100-store mall at an initial cap rate of 6.1% based on in-place income and also ties up 28 acres of surrounding land.
EVERETT, WA-The venerable soup maker from Camden, NJ is relocating its StockPot operation from Woodinville, WA. The new 220,000-sf facility, to be up and running next year, will enable the company to increase StockPot's production capacity by 50%.
SAN FRANCISCO-Proceeds from the offering, which includes up to 4.8 million shares of common stock and 2.5 million shares of series B cumulative redeemable preferred stock, will be used to repay borrowings under its unsecured revolving credit facility and, potentially, to acquire additional properties.
SAN FRANCISCO-Proceeds from the offering, which includes up to 4.8 million shares of common stock and 2.5 million shares of series B cumulative redeemable preferred stock, will be used to repay borrowings under its unsecured revolving credit facility and, potentially, to acquire additional properties.
TACOMA, WA-The city council this week approves an ordinance placing on the fall ballot its plan for its sports and entertainment facility, which has never been significantly improved since its opening 22 years ago. The proposition will need a 60% majority to move forward.
STEVENSON, WA-The Los Angeles-based real estate company paid about $59 million for the property, industry sources tell GlobeSt.com. The seller acquired the property in 2001 for $42 million and then invested $15 million or more to add 54 rooms and 15,000 sf of meeting space.