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.
MENLO PARK, CA-The REIT's 23.5% FFO growth in Q2 has analysts upgrading their recommendations and increasing estimates for future success, despite a 10 percent leap in the stock price
DENVER-Fentress Bradburn Architects of Denver, one of the city's most prominent architectural firms, will design the new 600,000-sf, $216 million research complex at the former Fitzsimmons Army Medical Center in Aurora, just east of Denver.