SAN FRANCISCO-Peter Victor, most recently responsible for leasing and marketing Boston Properties' 4.5-million-sf Northern California portfolio, joins Cushman & Wakefield's as a director of office leasing in San Francisco.
SAN FRANCISCO-The 341-unit North Beach Place complex will sit near Fisherman's Wharf. The new development will be a mixed-income community that combines residences targeted toward families earning 50% or less of the area median income.
SEATTLE, WA-Nine months later than expected, a Master Use Permit application has been filed for a mixed-use redevelopment of the Tower Records site at 500 Mercer, near the Seattle Center and the South Queen Anne-Uptown neighborhood.
DURHAM, OR-It's taken a year longer than expected, but Opus Northwest's senior director for real estate development tells GlobeSt.com he hopes to move forward this summer. Regal Entertainment Group already has announced it will be part of the mixed-use lifestyle center.
TIGARD, OR-Washington County and the City of Tigard's 13-year-old system of assessing a fee on new development for its impact on the transportation system was up held last week when the U.S. Supreme Court chose not to review the controversial Rogers Machinery case.
SACRAMENTO, CA-The pension fund's Board conditionally approves the investment into CIM California Urban Real Estate Fund LP. Most of the funds will be spent in California cities, but up to 40% of the money will be spent in cities outside the state.
PARIS-The 474,000-SF Crystal Park will be located in a wooded park in Neuilly-sur-Seine, one of the wealthiest suburbs of Paris and one of Europe's most sought-after locations for high-end office space.
SEATTLE-The plan involves a development proposal with Simon Properties and removes land-use regulations that Mayor Greg Nickels says have blocked investment and stalled progress.
ISRAEL-The $35.8-million second phase is being developed in the city of Migdal Ha'Emek for Tower Semiconductor. The work is being handled by Meissner-Baran Ltd., a subsidiary of publicly traded Baran Group Ltd. that also handled construction of Tower's new $180-million fab plant there.
OAKLAND, CA-Kaiser Aluminum Corp. sells its chunk of the 753,000-sf development to Summit for $65.5 million and Summit pays another $34.5 million or so for the rest of the building as well as entitlements for building another 1.5 million sf.
