PORTLAND-The original plan for the full-block site on North Interstate Avenue called for 51 for-sale units, 56 rental units, 13,000 sf of retail and 80 structured parking stalls, but it was too expensive. The revised plan calls for 14 for-sale units, 56 rental units and 37 surface parking lots.
WARSAW-Tchibo Warszawa, a subsidiary of the major German coffee retailer Tchibo, is seeking a new location within the city for its Poland headquarters.
WARSAW-Tchibo Warszawa, a subsidiary of the major German coffee retailer Tchibo, is seeking a new location within the city for its Poland headquarters.
BALTIMORE-The Maryland State Court action First Union brought last week against Sizeler Property Investors Inc. has been dismissed, but the fight over Sizeler's sale of newly issued common stock now heads to federal District Court of Maryland.
KIRKLAND, WA-Hines Interests Partnership LP purchases the 106,000-sf Linbrook Office Park here for $194 per sf with plan to re-trade the buildings individually over the next several years.
KIRKLAND, WA-Hines Interests Partnership LP purchases the 106,000-sf Linbrook Office Park here for $194 per sf with plan to re-trade the buildings individually over the next several years.
EMERYVILLE, CA-The 102-unit first phase of a four-story residential-over-retail development here by SNK Realty Group is on its way to being 60% sold three months after the developer began taking reservations and one month since it began closing deals.
SANTA FE, NM-The Dallas-based hotel REIT buys the 157-room Hilton Santa Fe for $18.2 million. The price translates to a cap rate in the 6% range based on the previous 12 months, but Ashford believes it can raise that to nearly 9% during its first year of ownership.
GIG HARBOR, WA-Olympic Property Group, the real estate subsidiary of publicly traded Pope Resources of Poulsbo, WA, submits plans to the City of Gig Harbor for the 25-acre retail shopping center component of its 320-acre Harbor Hill development.