REDMOND, WA-Already one of the world's largest corporate campuses with eight million sf of built space, Microsoft's headquarters here would grow by 25% over the next 10 to 20 years under a proposed development agreement submitted to the City of Redmond this week.
CARLSBAD, NM-A small private investor trading out of a multifamily asset pays about $3.6 million for the 10,400-sf high-tech facility leased long-term to the federal government.
BELLEVUE, WA-As part of a new focus on retail, ACF Property Management of Sherman Oaks, CA has sold three of its four office investments in the region in 2004 and the fifth, Eastridge Corporate Center, is in final negotiations.
SAN FRANCISCO-Pier 39 LP, controlled by Moor + South of Lake Forest, IL, uses the bulk of the funds to pay off the previous $117-million loan and an $11.5-million equity investment made last year, both of which had associated prepayment penalties. The remaining funds will be reinvested in the property.
LAS VEGAS-Next to a 225-unit condominium-hotel is has under construction just off The Strip, Diversified Real Estate Concepts of Chicago is planning an 825-unit condominium hotel that will house two Michael Jordan-branded restaurants and an athletic facility also designed by the basketball star.
MAMMOTH LAKES, CA-Intrawest plans to build a 230-unit condominium-hotel under Starwood Hotels & Resorts Westin brand here as the flagship property of the Village at Mammoth, one of the top three most visited ski areas in the US.
MAMMOTH LAKES, CA-Intrawest plans to build a 230-unit condominium-hotel under Starwood Hotels & Resorts Westin brand here as the flagship property of the Village at Mammoth, one of the top three most visited ski areas in the US.
SEATTLE-Marcus & Millichap regional manager Greg Wendelken tells GlobeSt.com that, in making the move to Downtown, the company has upped its space commitment from about 5,400 sf to more than 9,000 sf with the expectation of adding 10 new brokers over the source of 2005.