 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
 Joe Nabbefeld Real Estate Editor |
Subscriber content preview
December 6, 2001
Real Estate Buzz: Opus lets Pacific Steps option lapse
By JOE NABBEFELD
Real Estate Editor
Real Estate Editor
Opus Northwest let its option on a downtown Tacoma development site lapse last week, but a Pierce County official said he thinks Opus remains interested in the Pacific Steps site.
Opus had renewed the six-month option last May as the market headed into its steep decline. But the Nov. 30 deadline "has come and gone," said Dan Cagle, Pierce County's director of facilities management. "They have made no attempt to renew the agreement. I've been playing phone tag with Opus and the sense I have is they're still interested, but not at the same terms."
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Real Estate Buzz: Gentlemen, start your bidding, 11-15-2001
- Real Estate Buzz: Trammell braces for 2002 with layoffs, 11-08-2001
- Real Estate Buzz: Developer may be last e-mail holdout, 11-01-2001
- Real Estate Buzz: Intracorp takes a pass on Seaway, 10-25-2001
- Real Estate Buzz: Apartment market headed for slowdown, 10-18-2001
- Real Estate Buzz: Rainier Brewery up for sale -- again, 10-11-2001
- Real Estate Buzz: DCLU's Doherty heads for Federal Way, 10-04-2001
- Real Estate Buzz: Renton wants downtown condos, 09-27-2001