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LA JOLLA, CA-In a move that has strengthened its presence in five US markets and gained it entry into two more, Newland Communities has acquired 21 master-planned residential communities in a partnership with the California Public Employees' Retirement System.
ELKRIDGE, MD-NAI KLNB plans to direct its leasing efforts toward a variety of companies interested in a convenient location near, but not too near, Baltimore-Washington International Airport.
ATLANTA-President and CEO since April, the former hotel executive at Marriott, Interstate and Ramada plans to sell off 19 of the locally based company's 97 hotels and later start buying new properties with fresh partnerships.
GOSHEN, NY-Former Bank of New York exec Robert Hannan has been named managing director of the Orange County Capital Development Corp., a liaison organization between lenders and small business that will begin operations early next year.
QUEENS, NY-Things are moving along with the development of the lifestyle retail center dubbed the Shops at Atlas Park in Glendale, Queens, which is expected to open in the spring of 2005.
PHOENIX-A California man wastes no time buying into the Phoenix apartment market. One month after buying a 21-unit "turnkey" property, he did it again with the purchase of 18 more units along East Clarendon Avenue.
ARLINGTON HEIGHTS, IL-The company has sold seven assets with a recent closing of an AmeriHost Inn in Kenton, OH. Arlington Hospitality hopes to sell at least 25 properties by the end of 2004.
NORTH BRANCH, MN-A new state economic development program helped spur the window maker's expansion at Industrial Estates, a redevelopment zone. The plant will employ about 135 workers.
WAKEFIELD, MA-The sublease represents a relocation and expansion of Vestmark's current offices at 500 Edgewater Park Dr. here. The software company is subleasing the space at 100 Quannapowitt Parkway from Comverse.
DALLAS-The Weitzman brokers reach the final 15,000-sf stretch to fill a new 59,045-sf shopping center, where two letters of intent are pending and Hollywood Video has jumped into the play. The video retailer takes 6,000 sf for five years.