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WASHINGTON, DC—Score one for DC economic development officials who succeeded in convincing a fledgling digital animation firm to relocate to the nation's capital rather than Hollywood, CA.
NEW HYDE PARK, NY—Locally-based Kimco Realty Corp. and New York State Attorney General Eric T. Schneiderman have reached an agreement whereby the shopping center owner will take steps to ensure accessibility requirements as mandated by federal and state law are met at its 34 properties in New York State.
NUTLEY, NJ—JLL, the commercial brokerage firm handling the sale of Roche's shuttered campus in Nutley and Clifton, says it has already conducted approximately 30 tours of the drug maker's sprawling 119-acre campus.
FORT MYERS, FL—Arbor Commercial Funding, LLC reports it has financed 16 loans totaling a little more than $57 million for multifamily properties in the state of Florida.
WINSTON-SALEM, NC—The historic Reynolds Building here has been sold by R.J. Reynolds Tobacco Co. to a partnership of Philadelphia-based PMC Property Group and Kimpton Hotels & Restaurants for $7.8 million. The new owners plan to covert the 22-story art-deco building into a mixed-use property consisting of a boutique hotel, restaurant and upscale apartments.
BALTIMORE—The parent company of the Baltimore Sun, the Tribune Co., is looking for partners on the development of 37 acres of land it owns in the Port Covington section of the city.
WASHINGTON, DC—Specialty Hospitals of America LLC reports it will file for Chapter 11 bankruptcy protection and then sell both its Capitol Hill and Hadley long-term acute care hospitals here.
STAMFORD, CT—Starwood Hotels & Resorts Worldwide Inc., which relocated its global headquarters in 2012 from New York State to 300,000 square feet of space in Stamford, has signed a major expansion lease at the property.
EAST WHITELAND TOWNSHIP, PA—O'Neill Properties of King of Prussia, PA has proposed to build “the largest luxury theatre built in the United States in the past 30 years” at its Uptown Worthington development here.