SAN FRANCISCO- The sale of the notes, which mature in 2007, is part of a larger medium-term note program in which the owner and operator of industrial real estate will issue and guarantee up to $400 million of debt securities.
MIAMI-Swire Properties has 75% stake in the super-luxury asset. Mandarin Hotel Group of Hong Kong holds a 25% interest. Estimated construction cost: $303,951 per room.
HUNTERSVILLE, NC-Landowner banks on emerging and expanding tenants off Interstate 77's Exit 23 in Huntersville, just north of Charlotte. If the average tract price is $14 psf, Compass Rose Associates Inc. will gross about $9.76 million.
AUSTIN-Caliber Collision Centers, a CA-based operation, is purchasing three Body Tek shops in an ongoing strategy to buy out competitors. The Irvine, CA., company made its move into the city's market just last year.
HOUSTON-Satterfield and Pontikes Construction lands $23.5 million in contracts to expand two high schools for the Goose Creek Independent School District. The combined sf is 135,000.
WOODSTOCK, GA-The PIC Group of Marietta, Ga. pays $2 million or $95,238 per acre ($2.19 psf) for a tract in the 335-acre Ridgewalk mixed-use development about 22 miles north of Atlanta.