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AURORA-HOAP is the first city of Aurora program to move into temporary offices. The move is to make way for Florence Square, the first private development to be built in downtown Aurora in more than 20 years.
ORLANDO-Brokers in a position to know tell GlobeSt.com that the city's biggest owner-developer of small to mid-sized downtown properties is setting up a multi-million-dollar, year-end deal with recluse billionaire Joseph Lewis, the owner of Downtown's largest single vacant commercial property.
TEMPE - An industrial building that shares a five-acre Tempe site has gone to a local investor who plans to lease the property to a gift product business. The former owner, LGE Design, recently sold a second building on the same site where it had once planned a business park.
ATLANTA-Cobb County commissioners are reviewing a request from Cousins Properties Inc. and its affiliate, Wildwood Associates, to reduce a 528,000-sf structure initially proposed for GE Power Systems, which already occupies a 260,000-sf building.
WHITE PLAINS, NY-Citing family and corporate governance concerns, Starwood chair and CEO Barry Sternlicht will resign the chief executive slot as soon as a successor is found.
BOSTON-Frank McCourt considers his options for his 25 acres of waterfront property in South Boston. The site is currently being used as a parking lot, but it sits in the heart of the city's last major developable area.
HOUSTON-A businessman has purchased a 3.1-acre tract in Kingwood for the development of a 10,000-sf retail building to house a karate school and daycare center.
MINNEAPOLIS-The city's application to create a "bioscience zone" is an effort to take advantage of a new state initiative to encourage the growth of the biotech industry in Minnesota.