MEMPHIS-The fast-growing medical device manufacturer from London leases a multi-story building at Nonconnah Corporate Center here that has been vacant since 2000.
SAN FRANCISCO-Using a 92% financing, the locally based apartment investment firm adds 187 units at an initial cap rate of 5.17%, bringing its total ownership in the region to about 3,400 units.
SEATTLE-The city council is expected to vote in 10 days on amendments to its 1998 agreement with the University of Washington regulating the school's leasing activity surrounding its main campus. The council lifted long-standing square footage restrictions last year, but on appeal it was determined the council did not follow proper procedure and needed to begin the process anew.
MOUNT JULIET, TN-Carolina Holdings of Greenville, SC, and Charlotte-based Crosland Inc. will begin site work here before the end of the year for a 100-acre retail center at the entrance to a new 3,400-unit master planned community.
EVERETT, WA-The city council here declares 100 acres of urban Snohomish riverfront surplus in advance of issuing a request for qualifications from companies interested in redeveloping the property, which includes a 55-acre former landfill and a 45-acre former mill site.
SOUTH SAN FRANCISCO, CA-The locally headquartered, publicly traded biotechnology company adds to its holdings here with the $11.2-million purchase of a warehouse-manufacturing building occupied by a tenant whose lease ends in 2006.
PORTLAND, OR-The public-purpose organization dedicated to energy efficiency and renewable energy generation is relocating to the 16-story building in the heart of Downtown from less than half as much space at the north end of Downtown.