SEATTLE-The Seattle-based storage REIT does not release first quarter earnings results as scheduled because an independent auditor is still researching the impact of a hedge transaction, but does release its operating results.
QUEENSLAND, AUSTRALIA-Lend Lease Development Pty Ltd exercises its right of first refusal to acquire Twin Waters Resort, which includes the resort land and buildings, 18-hole championship golf course and resort operating business.
COLUMBUS, OH-The Ohio state Public Utilities Commission and the Secretary of State sign leases totaling 174,000 sf for Trizec Properties' Borden Building in Downtown Columbus. The PUC, which leases the bulk of the space, has been in the building for 12 years.
MEMPHIS, TN-The nation's largest independent hardware distributor signs a $10-million, 15-year lease agreement for an 80,000 sf class A office building in Memphis that was built to suit the company. The landlord is Sierra Crest Equities LLC of Sacramento, CA.
SEATAC, WA-After initially announcing McCormick & Schmick's as the anchor food-and-beverage concession at Sea-Tac Airport's planned Pacific Marketplace, Washington D.C.-based Anton Airfood is now going with Anthony's Restaurant.
PALO ALTO, CA-Essex Apartment Value Fund acquires three properties totaling 288 units in San Dimas, CA for $36.7 million and a 400-unit property in Huntington Beach, CA for $58.2 million.
VANCOUVER, WA-Consolidated Freightways, in Ch. 11 bankruptcy, is in the process of selling 220 properties with an appraised value of more than $400 million. To date, 68 CF properties throughout the United States have been sold for $176 million.
SEATTLE-"TOPOFF 2," a congressionally-mandated exercise to test local, regional, state and federal responses to terrorism, has local state and federal officials responding to a simulated radiological dispersal device in south Seattle this week.
SEATTLE-"TOPOFF 2," a congressionally-mandated exercise to test local, regional, state and federal responses to terrorism, has local state and federal officials responding to a simulated radiological dispersal device in south Seattle this week.
OAKLAND, CA-The commercial real estate brokerage that recently called off merger talks with CB Richard Ellis has inked a lease deal for space on the 14th floor of 555 City Center, the newest office building in Downtown Oakland.
