GALVESTON, TX-The family's heirs are getting offers from all over the US for 50 acres of undeveloped land, with 1,600 feet of seawall frontage with unobstructed Gulf of Mexico views.
GALVESTON, TX-The family's heirs are getting offers from all over the US for 50 acres of undeveloped land, with 1,600 feet of seawall frontage with unobstructed Gulf of Mexico views.
MESA, AZ-Guardian Management and Morgan Stanley scoop up two abandoned condo conversions: the 154-unit Montego Villas and 194-unit La Costa apartments.
TUCSON-In its second closing in one month, the Seattle-based buyer gets the 94%-leased Retreat at Speedway for $34.65 million in an off-market deal with a condo converter.
Health Care Property Investors Inc. dramatically reshaped its business profile this month with the acquisition of the 83-building Slough Estates USA life science portfolio. It's now a biotech powerhouse.
The NYS Energy Research and Development Authority has opened a clean energy tech park in Malta, NY to speculative development. Until now, developers could bid only on projects proposed by the Albany-based agency.
BioMed Realty Trust Inc's. $145-million expansion at the Landmark at Eastview in suburban New York City is an example of how fast the life science industry is growing. A $507-million joint venture between the REIT and Prudential Real Estate Investors shows the investment community is giving the industry serious attention.
A consortium of Taiwanese investors is selling what is believed to be the last developable waterfront parcel at the Atlantic end of the Panama Canal. The 167-acre parcel, known as Isla Margarita, is a former US Naval base that has been in private hands for 15 years.
A joint venture with ING Real Estate will enable Silicon Border Development to move forward on a $1-billion high-tech park in Mexicali, Mexico. Officals say site work will begin within a month.
A whole range of environmentally conscious products and processes are springing up in response to concerns about environmental sustainability and global warming. Variously called clean tech or green tech, the field has attracted the attention of venture capitalists.