OAKLAND-The positive ruling comes two months after a Federal Court found the lender guilty of fraudulently foreclosing on two architects Old Oakland project.
ATLANTA-BellSouth is halting site work on its 900,000 sf, $750 million mixed-use project after area residents obtained a restaining order against the Metro Atlanta Rapid Transit Authority and the city of Atlanta.
MAMARONECK, NY-$46.8 Million Avalon Willow luxury rental apartment project is nearly fully occupied upon completion. Optional upgrades include gas-burning fireplaces and wrap-around balconies.
ST. PAUL - Construction will start next month on a $50 to $60-million, 300-unit mixed-use, multi-housing project in the north quadrant area of downtown St. Paul, including downtown's first new owner-occupied housing in 15 years.
PORTLAND-The young, Web-based mediator for the purchase and sale of loan portfolios has completed its first commercial real estate loan dispositionin one-fourth the time of a traditional deal.
TARRYTOWN, NY--There are nearly 900,000 sf of space sublet in more than 50 units between 10,000 sf and 50,000 sf. Many have between 2.5 and six years left on their leases.
HERNDON, VA--Construction on speculative, five-story, 120,000-sf office building would start next year. Asking rents will be run in the mid to high $30/sf.
ARLINGTON, VA-TrizecHahn and JBG plan to start next spring on Waterview complex of offices, a hotel and residences. It will all add up to a total of 1.9 million sf.
CHARLOTTE-Charlotte Eye Ear Nose & Throat Associates have contracted to buy a 3 1/2-year-old, 85,999-sf building in SouthPark for an undisclosed price.
EULESS, TX-A Stamford, CONN., corporation is moving its headquarters to Euless, TX, in continued efforts to streamline its operation. The staff relocation, including 25 executives, is expected to be complete by the end of September.