RENO, NV-Last Friday, all but a handful of the 31-person local operation of San Jose, CA-based Colliers International Partnership left the company but remained in its office space. Lawyers are now trading mail with hope of resolving the standoff as soon as possible.
MEMPHIS, TN-GE Commercial Finance agrees to sell one of the largest self-storage companies in the nation to a joint venture of publicly traded Extra Space Storage Inc. and Prudential Real Estate Investors, which is acting on behalf of its institutional clients.
MEMPHIS, TN-GE Commercial Finance agrees to sell one of the largest self-storage companies in the nation to a joint venture of publicly traded Extra Space Storage Inc. and Prudential Real Estate Investors, which is acting on behalf of its institutional clients.
SUNNYVALE, CA-In its first Northern California acquisition in two years, the Palo Alto-based multifamily investor buys the 124-unit Alexan Villa Del Sol Apartments here from Trammell Crow Residential for its core portfolio.
SUNNYVALE, CA-In its first Northern California acquisition in two years, the Palo Alto-based multifamily investor buys the 124-unit Alexan Villa Del Sol Apartments here from Trammell Crow Residential for its core portfolio.
PORTLAND, OR-Marcus & Millichap Real Estate Investment Brokerage Co. taps John Rodiles, most recently sales manager of its Ontario, CA office, to be its locally based regional manager, a post that has been vacant for more than a year.
TUKWILA, WA-The 210-unit Park Place by the Woods complex was well leased but at below-market rates. The new owner is Pacific Property Company of Palo Alto, CA, which in February acquired the 98-unit Aspenwood property in Bellevue.
GROVEPORT, OH-The privately held manufacturer and distributor of healthcare supplies and services is vacating a 160,000-sf warehouse in favor of 260,000 sf in a 377,000-sf building.
BEAVERTON, OR-The new owner of the 21-building, 1.2 million-sf business park acquaints itself with its highest profile tenant by way of a three-building, 170,000-sf lease renewal that extends Intel's presence in the office park into 2010 while lowering its lease rate.
SEATTLE-Hines National Office Partners LP with the California Public Employees' Retirement System pays $162 million or $230 per sf for the 707,000-sf, 50-story Downtown office building here. The seller was Seafo Inc., which is believed to include the New York State Common Retirement Fund.