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BALTIMORE-When the state General Assembly goes into session this week, expect city officials to lobby hard for millions of dollars in much needed funds to repair dilapidated school buildings.
OAK BROOK, IL-A joint venture of Inland Diversified Real Estate Trust and Territory Inc. acquired the majority interest in six retail properties in Las Vegas for approximately $296.3 million.
NEW YORK CITY-A joint venture of Trevcon Construction and Skanska has been awarded a $181-millon contract to build the East 91st Street Marine Transfer Station.
NEW YORK CITY-American Realty Capital New York Recovery REIT Inc. announced it closed on more than $124 million in property acquisitions in New York City in the last week of 2012.
MIAMI-Aetna Realty Group of New York City has paid $15.55 million to purchase more than half of the property that is home to Macy's Flagler Street store here, the Miami Herald reports.
CUTLER BAY, FL-An affiliate of Iowa-based Principal Financial Group has acquired the South Dade Shopping Center here for $40.5 million, reports the South Florida Business Journal.
OWINGS MILLS, MD–The Owings Mills Corporate Center here has been acquired by BECO Management Inc., according to a report in the Baltimore Business Journal.
NEW ALBANY, IN-Indiana lawmakers are trying to come to grips with increased competition from out-of-state casinos that are beginning to put a dent in its much needed gaming revenue stream, according to an Associated Press report.
ATLANTIC CITY, NJ-The Resorts Casino plans to spend $60 million to rebrand itself as a singer Jimmy Buffet-styled “Margaritaville” entertainment destination, according to a report in the Philadelphia Inquirer.