BENTON CITY, WA-The producer of premium wines signs a purchase agreement for 20 acres here on which it plans to build a winery for its luxury red wine, Col Solare. The $6-million facility will be developed in partnership with the Antinori family of Tuscany, Italy.
LAS VEGAS-The two-year construction financing is a safe bet for Corus Bank, just as it was for the first tower, which got under way nine months ago. Both properties are sold out at an average of $450 per sf. Construction on a third tower is expected to begin before the end of the year.
PORTLAND-Twenty-three years after becoming an affiliate of the international real estate services network, the 73-year-old regional real estate company's brokerage and property management division adds its global partner to the company name and logo with an expectation that it will attract additional business.
SAN RAFAEL, CA-Following a $160M private equity offering it will use to acquire $425 million of wine grape vineyards and related assets over the next 12 months or so, Vintage Wine Trust Inc. closes on 1,200 acres in Napa leased to Robert Mondavi Corp. for $67M
SEATTLE-Mayor Greg Nickels sends legislation to the City Council that directs city staff to request proposals from developers for acquiring the city-owned site and redeveloping it with housing, office, retail and a public plaza.
CALGARY-The locally headquartered shopping center REIT will acquire 12 million sf in 36 operating shopping centers and 10 development sites from FirstPro Shopping Centres and Wal-Mart Canada Corp. The transaction, expected to close in June, will make Calloway the second largest public REIT in Canada.
CALGARY-The locally headquartered shopping center REIT will acquire 12 million sf in 36 operating shopping centers and 10 development sites from FirstPro Shopping Centres and Wal-Mart Canada Corp. The transaction, expected to close in June, will make Calloway the second largest public REIT in Canada.
SAN FRANCISCO-Currently located in Embarcadero Center, the investment bank and institutional securities firm signs a 10-year lease here for the 10th floor of One Montgomery, a 38-story building in the North financial district.
AUBURN, WA-Designed to cover five states, the 1.15-million-sf complex here is the largest single construction project ever undertaken by the publicly traded food and drug retailer.