PORTLAND-The city will pay H. Naito Corp. about $5.4 million for the Import Plaza block in Old Town that will become a new fire station, clearing the way for the redevelopment of Ankeny Plaza, home of the existing fire station.
SEATTLE-The state Department of General Administration has selected a lease proposal that, if approved, would move the state Office of the Attorney General into Bank of America sublease space catty corner from its current location.
CLEVELAND-Locally based Developers Diversified Realty sells an 85.5% interest in two community shopping centers to Macquarie DDR Trust, which plans to acquire several additional retail properties from DDR's portfolio in 2005.
CLEVELAND-Locally based Developers Diversified Realty sells an 85.5% interest in two community shopping centers to Macquarie DDR Trust, which plans to acquire several additional retail properties from DDR's portfolio in 2005.
MOUNTAIN VIEW, CA-The locally based processor of electronic payments for web merchants extends its 72,000-sf headquarters lease by five years in trade for a significantly lower lease rate beginning in 2007.
RALEIGH, NC-The initial funding for the North Hills lifestyle center was $90 million. The borrower may elect to earn-out up to an additional $15 million in spring 2005 contingent upon leasing activity.
RALEIGH, NC-The initial funding for the North Hills lifestyle center was $90 million. The borrower may elect to earn-out up to an additional $15 million in spring 2005 contingent upon leasing activity.
PORTLAND-A mutually acceptable price for the would-be convention center hotel site still has not been negotiated and a court date is tentatively scheduled for June, but under a stipulated agreement the city took possession over the weekend, a city official tells GlobeSt.com.
BELLEVUE, WA-Locally based Su Development closes on financing for construction of the first of two towers that will comprise Ashwood Commons, a mixed-use, high-rise development that will include 530 apartment units, 85,000 sf of retail space and 1,000 parking stalls.
BRISBANE, CA-Page Mill Properties LP acquires the 219,000-sf, 50%-leased office tower here from Shin Yen Corp., which reportedly acquired the property at the end of 2003 for about $23 million.