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.
EMERYVILLE, CA-The California Institute of Regenerative Medicine's site selection committee scores San Francisco's proposal the highest, with Sacramento and San Diego all but tied for second. Finalists' presentations before the Institute's full board are scheduled for May 6. The Institute is authorized to spend $3 billion on third-party research over the next 10 years.
EMERYVILLE, CA-The California Institute of Regenerative Medicine's site selection committee scores San Francisco's proposal the highest, with Sacramento and San Diego all but tied for second. Finalists' presentations before the Institute's full board are scheduled for May 6. The Institute is authorized to spend $3 billion on third-party research over the next 10 years.
NASHVILLE-Following up last month's news that it had put the 716-room Aston Waikiki Beach Hotel here under contract for $107 million, the locally based hospitality and entertainment company says a private real estate fund managed by DB Real Estate Opportunities Group will acquire an 80.1% interest in the asset.
EMERVILLE, CA-Tomorrow Development Co. plans to start construction for the eight-story Christie Park Towers development here this summer and complete it by late 2006.
HILLSBORO, OR-After a two-year search that included 74 communities, the San Jose, CA-based search engine company chooses a flex building here that fronts on a light rail stop. The facility will be up and running in July. About 100 people will be working at the facility by the end of the year.
HILLSBORO, OR-After a two-year search that included 74 communities, the San Jose, CA-based search engine company chooses a flex building here that fronts on a light rail stop. The facility will be up and running in July. About 100 people will be working at the facility by the end of the year.
FEDERAL WAY, WA-In the third major apartment sale here in the past month, the Glen Park at West Campus apartments here changes hands for $36.5 million.
FEDERAL WAY, WA-In the third major apartment sale here in the past month, the Glen Park at West Campus apartments here changes hands for $36.5 million.
ZAANDAM, NETHERLANDS-The Dutch-owned supermarket giant agrees to sell its remaining US convenience stores to a joint venture of two New York-based companies.