HOUSTON-The law firm of Coats Rose Yale Ryman Lee and healthcare technology firm Healthlink Inc. rework their leases to get extra space in a pair of Crescent-owned office buildings. The law firm adds 14,215 sf and the healthcare operator, 20,999 sf.
PHOENIX-Working an off-market transaction, Montecito Investment Co. of Jacksonville, FL makes a move on the 367-unit Camelback Square Apartments and 312-unit Bacaro Apartments. The 96%-leased complexes bring $143,000 per unit.
PHOENIX-Working an off-market transaction, Montecito Investment Co. of Jacksonville, FL makes a move on the 367-unit Camelback Square Apartments and 312-unit Bacaro Apartments. The 96%-leased complexes bring $143,000 per unit.
BAYTOWN, TX-Southeast Texas Housing Finance Corp. borrows $14.3 million for a $22.6-million project, Rosemont at Garth Apartments. The 13-building development will have one-, two- and three-bedroom units ranging from 750 sf to 1,100.
The luxurious rooms and Tom Fazio golf course at the Wynn Las Vegas can't provide the same thrill as a new Chanel or Louis Vuitton boutique. There's even a Maserati and Ferrari dealership in the 75,000-sf Wynn Esplanade. Other retailers that have signed on at the Wynn Las Vegas include: Jean Paul Gaultier, Oscar de la Renta, Jo Malone, Graff, Judith Leiber, Brioni and Dior. The center follows a Vegas luxury trend.
THE WOODLANDS, TX-The newcomer signs a 2,200-sf lease with a 10-year term for the second floor of the Woodlands Mall expansion phase. The office of Dr. Reagan Carroll will open this month.
SIDNEY, NE-On the heels of Cabela's Inc.'s strongfirst quarter earnings, Wall Street analysts predictthat the retailer's retail sales will increase 33% butsay shares are fairly valued.
PHOENIX-A local screen printing company, which leases space next door, picks up the general industrial building in a seller-financed transaction. The 1980s-era structure was on the market just one week when the offer went on the table.
MESA, AZ-The 12,000-sf Shops at Superstition Springs trades to Southern California buyer for $3.7 million or $307.92 per sf. The four-year-old center contains a 6,000-sf RT O'Sullivan's pub and a 3,000-sf Street of New York Pizza parlor.
CHANDLER, AZ-Falcon Southwest, the lead in a JV partnership, goes up against at least 20 others for the class A Biscayne Bay Apartments. The Austin, TX buyer's win comes with a $45.6-million offer for one of the largest multifamily assets in the state.