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WHITE PLAINS—The Westchester County Industrial Development Agency approved sales and mortgage tax exemptions for two new development projects on Thursday that will cost almost $52 million to complete.
LEXINGTON SC—The sale of a well-positioned 100% leased shopping center here highlights a number of prevailing national trends in the retail sales market, one being the significant investor interest the asset generated.
NASHVILLE, TN—HSA Commercial reports it has commenced construction on a new build-to-suit for heating, air conditioning and refrigeration manufacturer Carrier at 60 Airways Blvd., adjacent to Nashville International Airport here.
ATLANTIC CITY, NJ—A federal judge on Wednesday put off a hearing on whether the ownership of Trump Taj Mahal should pursue liquidation of the casino property until Dec. 11.
PHILADELPHIA—Hard details on lost jobs and new jobs coming to the region will likely become clearer in time as GlaxoSmithKline undertakes a consolidation of its research operations to suburban Philadelphia locations, but also implements job cuts at its commercial pharmaceutical operations here.
WASHINGTON, DC—The General Services Administration has began a search for office space for the Justice Department's Civil Division, which is currently housed in two buildings here.
WASHINGTON, DC—The long awaited redevelopment of Reservation 13 by the Stadium-Armory Metro Station appears to be at hand. The administration of Mayor Vincent Gray has submitted resolutions to the DC Council that declares two lots on the Hill East site surplus and authorizes the sale of the parcels to a joint venture of Donatelli Development and Blue Skye.
NEW YORK CITY—Partners Madison Realty Capital and USAA Real Estate Co. have announced plans to build a nearly 171,000-square-foot, 80/20 multifamily building in the Clinton Hill section of Brooklyn.
WASHINGTON, DC—The General Services Administration has reinstituted a search for space in Foggy Bottom or Arlington for the Diplomatic Services bureau.