KENT, WA-Amid Phase I and II of the $100-million Kent Station development here, the City of Kent and two private property owners propose a $20 million hotel and condominium project with Plan B Development LLC that would connect Kent Station to the city's Downtown.
EMERYVILLE, CA-Madison Marquette sells two-thirds of its heretofore 100% stake in the 400,000-sf retail portion of the one-million-sf urban village here.
EMERYVILLE, CA-Madison Marquette sells two-thirds of its heretofore 100% stake in the 400,000-sf retail portion of the one-million-sf urban village here.
MILTON, ON-Located in the Bloomfield Industrial Park here, the property is fully leased, mostly to a truck-manufacturing subsidiary of publicly held Navistar International Corp. Winnipeg, MB-based HREIT went public in February and expects to acquire more than $100 million in assets this year, a company source tells GlobeSt.com.
MONTEGO BAY, JAMAICA-A New York firm is arranging a $50-million construction loan for a multi-tower beachfront condominium-hotel development here by Resort Properties Group and Rose Hall Development.
SAN FRANCISCO-Shortly after closing on its $140-million acquisition of the 1.1-million-sf Lakeside Technology Center in Chicago, the locally based technology real state company agrees to acquire five data centers and one office building in Colorado and California for $109 million.
SAN FRANCISCO-Albion Castle, a 135-year-old Norman-style castle on the bay with significant water rights, will be on the auction block next week without a minimum bid requirement. Aside from what the seller paid back in 1998, its value has been hard to pin down.
SEATTLE-The Palo Alto, CA-based public company pays $31.85 million for the 173-unit Tower@801 Apartments. The seller was a joint venture of locally based TriMet Development and Atlanta-based Starwood Capital.
NORFOLK, VA-Affiliates of the locally based diversified investor picks up a 360-unit property in Durham, NC, from Sentinel Real Estate Corp. and a 280-unit property in Atlanta from Southeast Capital Partners Inc.
SYDNEY-By approving GPT's plan rather than the one offered up by Lend Lease, unitholders voted in favor of two controversial transactions and a 16.5% increase in distributions in 2006.