Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
Regional Digests
Downtown Sacramento, Calif., Hotel Likely to be 14-story Marriott
October 15, 2003 Sacramento Business JournalSpeculation on a new downtown Sacramento, Calif., hotel project first announced years ago may be over. It's likely that the project will be a 255-room, 14-story Residence Inn by Marriott. The hotel, projected to have...
New Office Condo Going Up in Downtown Denver
October 15, 2003 Rocky Mountain NewsDeveloper Stephen Owen and business partner Amy Harmon have unveiled plans for a new office condo building to go up at East 17th Avenue and Pennsylvania Street in downtown Denver. The $14 million, five-story, mixed-use...
Construction Begins on $15Mln Office Park in Phoenix
October 15, 2003
Mixed-use Development Planned for Las Vegas
October 15, 2003 Las Vegas Review JournalApartments built in 1963 on 33 acres in Las Vegas will be razed to make way for The Gardens, a mixed-use resort development of condominiums and apartments with a time-shore component, specialty retail and...
Meatpackers Oppose Residential Project in Downtown NYC District
October 15, 2003 New York Daily NewsMeatpackers worry a proposed controversial high-rise apartment in their lower Manhattan neighborhood may jeopardize jobs, as new residents deal with blood on their cobblestones. Developer Stephen Touhey plans to build a high-rise hotel in...
MeriStar Sells Calif. Hotel for $16.5Mln
October 15, 2003 MeriStar Hospitality Corp. has sold the 71-room Santa Barbara Inn in California for $16.5 million, or about $232,000/room, according to an SEC filing. Meristar plans to use proceeds from the sale, which closed Oct. 8, to repay...
Silverstein Says Insurers Won’t Stop WTC Tower
October 15, 2003 New York PostWorld Trade Center leaseholder Larry Silverstein says his court battle with insurers won't delay construction of the Freedom Tower, the world's tallest building, to rise at ground zero in lower Manhattan. The developer said that...
CT Realty Buys Land in Mission Viejo, Calif., Business Park
October 15, 2003 CT Realty Corp. has acquired 7.4 acres of open land within HighPark, a 73-acre, master-planned business park in Mission Viejo, Calif., for $6.75 million from Equity Office Properties Trust. Scott Johnstone and Bryon Ward of Grubb &...
Sale of NYC’s Roosevelt Hotel Hits Snag
October 15, 2003 New York Post (Second item)An internal dispute in Pakistan has created tumult over the sales process for the Roosevelt Hotel. The Pakistani government's privatization program and Pakistan International Airlines' hotel operators have been having a hard time...
Airline Signs Lease at Empire State Building
October 15, 2003 New York PostAlitalia Airlines has signed a 15-year lease for 50,000 square feet on the 36th and 37th floors in the Empire State Building, which is owned by a partnership between Peter L. Malkin and Leona Helmsley....
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