HOUSTON-Weingarten Realty Investors' executives, marking a record-setting Q1, believe the leasing momentum will only continue. At the quarter's end, occupancy was 95.1% versus 93.5% in 2004, marking the highest level since the IPO launched in 1985.
PHOENIX-A private investor from Stanford, CT scores the win with a $1.9-million, full-price offer for the class C Maryland East Apartments. The listing baits four offers within one week of hitting the market.
TEMPE, AZ-Biltmore Holdings LLC pockets the title to a 150,000-sf, class A-minus building in an off-market transaction for $11.3 million. The six-year-old office building is 20% occupied by MicroAge, a technology company that's in bankruptcy.
HOUSTON-Robert Wheless ends a 12-year run with Panattoni Development to become Opus West's director of real estate development in the Greater Houston area. He is tasked with managing all aspects of development, including acquisitions and dispositions.
HOUSTON-Robert Wheless ends a 12-year run with Panattoni Development to become Opus West's director of real estate development in the Greater Houston area. He is tasked with managing all aspects of development, including acquisitions and dispositions.
GALVESTON, TX-The Falcon Group breaks ground today on the 288-unit Palisades Palms after presales reach 60%. The beachfront towers primarily are attracting Baby Boomer buyers from inside and outside the state line.
GALVESTON, TX-The Falcon Group breaks ground today on the 288-unit Palisades Palms after presales reach 60%. The beachfront towers primarily are attracting Baby Boomer buyers from inside and outside the state line.
PHOENIX-Twenty-seven offers go on the table for the 239,006-sf office building, with the win coming from a Scottsdale investment group that plans to retool the 18 floors into office condos. The Copper Square building is 70% leased at sale time.
PHOENIX-Twenty-seven offers go on the table for the 239,006-sf office building, with the win coming from a Scottsdale investment group that plans to retool the 18 floors into office condos. The Copper Square building is 70% leased at sale time.
PHOENIX-People's Choice Home Loan Inc. inks a 64-month pact for 13,563 sf in Three Gateway, a class A office building that edges to 92% occupancy with the new deal. The lease has a $1.3-million payout.