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February 18, 2003 Sacramento Business JournalHotel chain Extended Stay America is halting construction across the country, including two of the three new hotels it had planned in Sacramento, in response to falling occupancy and room revenue. The Spartanburg, S.C.-based company ...
January 17, 2003 Sacramento (Calif.) Business JournalSACRAMENTO, Calif. – Union Pacific Railroad has sold the Railway Express Annex at the downtown Sacramento railyard to REA Partners, a partnership that includes Sacramento architect Lynn Pomeroy and developer Johan Otto. REA will ...
The investment firm is set to close on its $112.5 million purchase of the U.S. Bank Plaza in Sacramento. Shorenstein is buying the office tower from Grosvenor, which developed the property in 1992.
January 6, 2003 Sacramento (Calif.) Business JournalRANCHO CORDOVA, Calif. – Rancho Cordova's 200,000-square-foot Zinfandel Square shopping center is losing its anchor tenants: Albertsons supermarket and Big Lots discount store. Albertsons will close Jan. 30, one day before its 29,702-sf lease ...
January 6, 2003 Sacramento (Calif.) Business JournalSACRAMENTO, Calif. – Sacramento County is on the verge of adopting a financial strategy to convert the former McClellan Air Force Base into a modern business park at an estimated cost of $284 million, ...
December 23, 2002 Tarragon Realty Investors Inc. (Nasdaq:TARR) has sold apartment properties in Memphis, Tenn., and Orlando, Fla., for about $16 million.The New York-based development and management company also sold its substantial minority interest in a Sacramento, Calif., apartment complex ...
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