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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.