Former site of Hawaii Raceway Park goes back on market
The former Hawaii Raceway Park is back on the market.
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Starbucks Closing 600 U.S. Stores
Coffeehouse magnate, Starbucks Corporation (NASDAQ: SBUX), is closing 600 U.S. stores. The retail giant made the announcement July 1 following a “rigorous evaluation” of its U.S. company-operated stores to sort out underperformers. The 600 closures are…
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Home Builders Charitable Foundation gives $10,000 to Habitat for Humanity
Habitat for Humanity of St. Charles County received a $10,000 donation from the Home Builders Charitable Foundation, the foundation said Thursday.
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CIM Group buys Oakland Brandywine high-rises for $412M
The real estate fund manager CIM Group has agreed to pay $412.5 million for five Oakland high-rise office properties owned by Brandywine Realty Trust totaling 1.7 million square feet. (BDN)
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Mortgage Rate Reverse Trend and Fall Off this Week
McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.35 percent with an average 0.6 point for the week ending July 3, 2008, down from last week when it averaged 6.45 percent. Last year at this time, the 30-year FRM averaged 6.63 percent.
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Colonial sells Tennessee, Texas properties
Colonial Properties Trust has sold five apartment communities in two separate transactions for a combined $81.8 million as part of the firm's plan to divest itself of older multi-family real estate..
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Nontraditional tenants occupy dark stores at malls
Community college classes in the old mall movie theater. A DMV office across from the Starbucks. Maybe a local library between the Victoria’s Secret and the Gap. Mall and strip center owners are turning to untried and untraditional tenants to brighten dark storefronts as the sluggish economy sends more retailers to bankruptcy or forces others to scale back their expansion plans.
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One River Plaza developers ask for second extension
Miller-Valentine Group and the Gregory family have requested a second extension to submit final development plans for their $143 million One River Plaza condominium project.
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Wells REIT II, AT&T Ink Second Sale-Leaseback in Atlanta
Continuing a string of high-profile real estate deals in the past few months, AT&T has sold and leased back the 995,000-square-foot Lindbergh Center in Atlanta.The buyer, Atlanta-based fund manager Wells REIT II, is fresh off its $275.3 million purchase…
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San Antonio launches new pilot recycling program for apartments
The City of San Antonio is expanding its residential recycling program to include apartment complexes. The city is launching a pilot recycling program for multi-family housing properties, which is slated to begin this summer and operate over the next six months.
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- Former site of Hawaii Raceway Park goes back on market
- Starbucks Closing 600 U.S. Stores
- Home Builders Charitable Foundation gives $10,000 to Habitat for Humanity
- CIM Group buys Oakland Brandywine high-rises for $412M
- Mortgage Rate Reverse Trend and Fall Off this Week
- Colonial sells Tennessee, Texas properties
- Nontraditional tenants occupy dark stores at malls
- One River Plaza developers ask for second extension
- Wells REIT II, AT&T Ink Second Sale-Leaseback in Atlanta
- San Antonio launches new pilot recycling program for apartments
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