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GAITHERSBURG, MD-Arrow Financial Inc. finds larger digs in the same town, with its move to a 23,000-sf space in a single-story structure in Avenel Business Park at 205 Perry Parkway.
NEW YORK CITY-The US is leading the world in economic recovery with Asia right on its heels. And, according to at least one economist, Europe will be soon to follow.
SAN FRANCISCO-In 1999, Marlton Manor in the city's Tenderloin neighborhood was at risk of being sold and converted to market rate apartments. Its residents organized themselves into the Marlton Manor Tenants Council with the assistance of Agape Outreach Center, and then partnered with Mercy Housing California and A. F. Evans in the acquisition, renovation and preservation of the property as affordable housing.
RICHMOND, VA-Anchored by five national outlets that are flanked by an additional 120 specialty retailers, the $360 million development is expected to generate nearly $195 million in new net tax revenue over the next 25 years.
AUSTIN, TX-A trio of real estate veterans form Royston Royalty Limited with plans to develop between 20 and 30 small- to medium-sized industrial buildings with fenced yards in and around the local suburb of Pflugerville, TX.
I thought about running for Governor of California. I figured, who better to send to Sacramento than someone who understands best practices, working with…
WEST NORRITON, PA-On a sublease with 13 years remaining, the new grocery anchor is installing one of its 64,000-sf, expanded-format stores at the 95,000-sf shopping center. Brokers estimate the rental rate is between $10 and 12 per sf.
PHOENIX-A Palos Verde, CA couple takes over the 20-unit Tamarack Apartments at 345 W. Palos Verde Parkway after the brokers resolve a last-minute standoff with the seller. The fully occupied complex brings in monthly rents of $525 to $625.
LONDON-Marks & Spencer has submitted a planning application to Westminster City Council for the 750,000-sf redevelopment of its current headquarters at Michael House on Baker Street in London's West End .
ORLANDO-Orange County comptroller Martha O. Haynie blames lower revenue to hoteliers from discounted room rates as the factor behind the July collection of $7.67 million, down from $8 million in June and below collections from July 2002 through February 2003.