LAKE OSWEGO, OR-The nonprofit Northwest Evaluation Association expands by 15,729 sf and now occupies 59% of the 184,000-sf building, which is now 100% occupied.
RICHMOND, CA-Richmond Land Group buys 25 acres with a 215,000-sf warehouse on it for use by Palecek, a natural furniture company that is owned by Richmond Land Group principals.
SEOUL-The syndicated financing, which was exponentially oversubscribed, will fund the land acquisition as well as various infrastructure improvements for the 1,500-acre, $25-billion development 20 miles southwest of this city. The CEO of master developer Gale International tells GlobeSt.com the financing means it can now sell the other pieces of the development that will generate the revenue necessary to pay off the loan.
SEOUL-The syndicated financing, which was exponentially oversubscribed, will fund the land acquisition as well as various infrastructure improvements for the 1,500-acre, $25-billion development 20 miles southwest of this city. The CEO of master developer Gale International tells GlobeSt.com the financing means it can now sell the other pieces of the development that will generate the revenue necessary to pay off the loan.
SEATTLE-The 1,216-unit mix of seven new and old properties is spread amongst the neighboring Central Washington cities of Kennewick, Richland and Pasco. The seller is offering a 6.4% cap rate.
SEATTLE-The 1,216-unit mix of seven new and old properties is spread amongst the neighboring Eastern Washington cities of Kennewick, Richland and Pasco. The seller is offering a 6.4% cap rate.
SAN FRANCISCO-The real estate investment arm of New York Mets owner Fred Wilpon picks up four office properties from Equity Office. The portfolio totals 1.36 million sf and is 53.4% vacant. Hines is a 10% partner in the deal.
SAN FRANCISCO-The real estate investment arm of New York Mets owner Fred Wilpon picks up four office properties from Equity Office. The portfolio totals 1.36 million sf and is 53.4% vacant. Hines is a 10% partner in the deal.
PORTLAND, OR-The Bill Naito Co.'s asset manager Elliott Associates Inc. selects a three-man CB Richard Ellis team to manage Montgomery Park, a nine-story, 750,000-sf office building on the northwestern edge of the city. Twenty-five percent of the property is vacant.
BREMERTON, WA-Publicly traded International Speedway Corp. of Daytona Beach, FL options a 950-acre site here as the potential future home of a racing venue that would seat 80,000 people. It optioned an 850-acre tract near Marysville, WA in 2004 but couldn't come to agreement with local officials on financing.
