SEATTLE-There are now two versions of a new policy on the table. One would protect a Master Use Permit approval from subsequent code changes for five years and the other would vest the approval for four years.
AUSTIN, TX-Alexander & Baldwin Inc. is back on the hunt following last year's sale of several Mainland shopping centers from its income property portfolio. In its first buy, the firm acquires the 184,600-sf Boardwalk Shopping Center near Austin for $23.1 million.
SALEM, OR-By early next year, 1,200 acres in Gresham and 700 acres in Wilsonville, Tualatin and Hillsboro that were brought inside the urban growth boundary in December could be rezoned for industrial use thanks to their confirmation Thursday by the state's Land Conservation and Development Commission.
CAMPBELL, CA-A centerpiece of The Prune Yard, a 251,903-sf upscale shopping, entertainment and office property, the 172-room Pruneyard Inn will undergo a $1.5 million renovation that its owner hope will restore the property to its original grandeur as an upscale boutique hotel.
MADRID, SPAIN-A joint venture of Lend Lease Continental Holdings and European insurer Generali Group acquires Calle Serrano 55, a 57,048-sf office building for $41.4 million or $725.70 per sf.
WASHINGTON, PA-Gander Mountain of Bloomington, MN has signed a lease with Crown American Realty Trust to locate their superstore concept here in the former Ames Department Store space at Washington Crown Center.
WASHINGTON, PA-Gander Mountain of Bloomington, MN has signed a lease with Crown American Realty Trust to locate their superstore concept here in the former Ames Department Store space at Washington Crown Center.
DIXON, CA-CSS Properties LLC sells an 11,520-sf tilt-up building here net to John H. Olson Family Limited Partnership. The building is net leased to Phoenix Schools for the next 14 years.
PORTLAND-After languishing in the 14% to 24% occupancy range through the fall and winter, the city's investment across from the newly expanded Oregon Convention Center is holding its own while the city decides what it wants to do with the site.
NORMAL, IL-The existing automobile manufacturing facility is 2 million sf on 636 acres. The expansion will add another 400,000 sf, increasing the plant's capacity by 25% and create an estimated 300 new jobs.