Subject: West Regional Digest (WDIG)
Wamu, Art Museum Seal Seattle Office Tower Agreement
May 28, 2003 Seattle Post IntelligencerWashington Mutual Inc. and The Seattle Art Museum have signed the final agreement to develop a tower next to the existing art museum. Seattle-based Washington Mutual will provide the funding – $300 million – and ...
MK Development Pays $15.3Mln for Lacey, Wash., Shopping Center
May 28, 2003 Portland Business JournalMarty Kehoe of MK Development LLC recently acquired a 156,000-square-foot shopping center in Lacey, Wash., for $15.3 million. DFK LLC sold the center, which is just off Interstate 5 at 2142 Marvin Way in Lacey, ...
Empty Downtown LA Office Tower Sells for $36Mln
May 27, 2003 Los Angeles TimesFormat Co. of Taiwan is selling the long-vacant building at 1100 Wilshire Blvd. for an estimated $36 million, double what Format Co. paid for the property in 1993. Built in 1986, the 37-story office tower ...
$84M Roseville, Calif., Business Park in Works
May 27, 2003 Sacramento Business JournalCommercial Developer Shea Properties plans to build an $84 million, 10-building office park next to the Galleria mall in Roseville, Calif., starting in July. The project, called Shea Center, includes three to four mini campuses ...
Pacifica Realty Buys Landmark Apartments in Phoenix for $4.3Mln
May 27, 2003 Phoenix Business Journal (First Item)Pacifica Realty XIV LP has purchased the 176-unit Landmark Apartments at 4650 E. 29th St. in Phoenix from Granite Landmark LLC for $4.3 million.
Biotech Giant in Big Move to Seattle
May 27, 2003 Seattle Business JournalAmgen Corp. will relocate its cancer-research division's headquarters to Seattle, prompting a 100,000-square-foot increase in its plans for the Helix corporate campus that came with its purchase of Immunex Corp. The Thousand Oaks, Calif.-based biotech ...
Stanford University Puts Shopping Center Lease on Block
May 27, 2003 San Francisco Business TimesStanford University is soliciting bids for a long-term lease on its 70-acre Stanford Shopping Center, which under the terms of Leland Stanford's original land grant to the university cannot be sold outright. The university ...
Ogden, Utah, Picks SLC Developer for Phase 1 of River Project
May 22, 2003 Salt Late TribuneSalt Lake City plans to raze 100 houses, apartments and businesses in the heart of downtown, just north of the LDS temple, to make way for a 59-acre development that will include apartments, condominiums, shops ...
Shopping Center Proposed for Memorial Coliseum in Portland, Ore.
May 22, 2003 Portland Business JournalMemorial Coliseum could be reinvented as a shopping destination and central city community center if Gerding/Edlen Development Co. and Oregon Arena Corp. succeed in their proposal for the land owned by Portland. The joint venture ...
Scottsdale, Ariz., Shopping Center Sells for $23Mln
May 22, 2003 Phoenix Business JournalThe Pinnacle of Scottsdale, a shopping center anchored with a Safeway Supermarket at the northeast corner of Scottsdale and Pinnacle Peak roads, was sold by Lamb 4 P's earlier this month for $22.6 million. Scottsdale ...
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