bizjournals.com Real Estate:Commercial headlines
Real Estate:Commercial headlines from the week of December 4, 2006
CU business school building gets Koelbel name
The building housing University of Colorado's newly renovated and expanded business school in Boulder will be named Koelbel Hall in honor of Walter Koelbel and his wife Gene.
Palm Beach Gardens parcels sell for $37M
Five parcels plus approvals for an office tower in Palm Beach Gardens sold for $36.78 million, RJS Realty Group said.
Corporate Woods' $290M sale expected to close soon
Corporate Woods, the Kansas City area's trophy office park, is about to sell for about $290 million.
Nordstrom president named to federal reserve board
Blake Nordstrom, president of Nordstrom Inc., has been elected to the Federal Reserve Bank of San Francisco's board of directors.
B of A plans $40M revitalization program in Lawrence
Bank of America Corp. and a handful of public officials unveiled a $40 million proposal to develop 155 rental units for market-rate and low-income tenants in the city of Lawrence.
Eye doctor to relocate to Oakwood, create medical campus
A local doctor has taken over leasing for two buildings at Sugar Camp in Oakwood and plans to convert them into medical offices.
Zillow to list homes for sale
Zillow.com will now list homes for sale for free on its Web site.
Citizens board postpones approval of rate hike
Citizens Property Insurance Corp. leaders have put off approval of a controversial rate increase until Jan. 25.
Bulfinch buys Needham building for $22M
The Bulfinch Cos. Inc. purchased a 112,000-square-foot office building with an attached garage in Needham for $22 million.
Greensboro Realtors group gives out awards
The Greensboro Regional Realtors Association hosted its annual awards luncheon earlier this week. Award recipients were:
Mills, Gazit-Globe agree on board slate
Shopping mall developer The Mills Corp. and one of its largest shareholders, Gazit-Globe, have agreed on a slate of four nominees for election to Mills' board at its annual shareholders meeting to be held Dec. 29.
Texas real estate companies merge, plan Austin expansion
Fort Worth companies Integra Realty Resources and Real Estate Valuation Consultants Inc. have announced a merger with plans to expand into other Texas markets including Austin.
Flagship Development-Heritage Park buys 13 acres at U.S. 192
Flagship Development-Heritage Park LLC in Orlando bought 13 acres at U.S. 192 and Boggy Creek Road, with the option of buying 5 adjacent acres of commercial land, for $2.1 million.
Regulators issue final commercial real estate guidance
The four federal bank regulators on Wednesday issued long-awaited final guidances on commercial real estate lending.
Central Moving subleases 38,800 SF in OCP
Central Moving and Storage of Orlando subleased 38,800 square feet at 6855 Presidents Drive in Orlando Central Park for 28 months from Eby-Brown Leasing LLC.
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