GLENDALE, AZ-Coolidge Casa Diane Equities LLC of White Plains, NY gets $25,590 per unit for the property it has owned for four years. The complex will have another out-of-state owner, a Nevada-based corporation.
LAS VEGAS-Jack Kashani's Los Angeles-based Furniture Mart Enterprises LLC buys 20 acres of Union Pacific land near Downtown for $13 million. Options on neighboring parcels could yield a $750-million World Market Center.
LAS VEGAS-Hit hard by the dropoffs in tourist travel following the Sept. 11 terrorist attacks, the gambling mecca has begun to see a rebound as visitors return to the desert casinos and laid-off workers get hired back.
DENVER-Betting the economy will be in better shape when newly-constructed units are ready for occupancy, developers have pulled permits for 33% more units in the first nine months this year compared to the same time in 2000.
BLACK HAWK, CO-While third-quarter revenues increase to $26 million, Black Hawk Gaming & Development's profits rise only $50,000 to $1.55 million, keeping earnings per share even. Black Hawk's boss continues his acquisition plans.
BLACK HAWK, CO-While third-quarter revenues increase to $26 million, Black Hawk Gaming & Development's profits rise only $50,000 to $1.55 million, keeping earnings per share even. Black Hawk's boss continues his acquisition plans.
PHOENIX-Vacancy rises to 15.8% across the market, according to Grubb & Ellis' third-quarter report, while available sublease space soars to 1.7 million sf. The report notes better than average demand for newer product.
PHOENIX-Vacancy rises to 15.8% across the market, according to Grubb & Ellis' third-quarter report, while available sublease space soars to 1.7 million sf. The report notes better than average demand for newer product.
LITTLETON, CO-A 68,000-sf heart center at 100 Southpark Dr. will include a 10,000-sf fitness center and 125-seat amphitheater. The developer is South Denver Cardiology Associates, a group of 12 Denver doctors.
LAS VEGAS-An increase in bankruptcies along with corporate downsizings or departures also lead to more sublease space hitting the local office market, according to a third-quarter report from the local Grubb & Ellis office.