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LONDON-London's congestion charge scheme--under which drivers pay a pounds 5 ($8) toll to drive into central London every weekday--has been slammed by leading retailer John Lewis Partnership.
AUBURN HILLS, MI-The Covisint Club will be expanded at the Palace of Auburn Hills, to provide more premium seating for Detroit Pistons games and other events.
PHILADELPHIA-The portfolio encompasses 722 apartment units in three states. College Park Communities joint-ventured with BPG in the acquisition and will operate the properties.
New Document Several key downtown markets saw vacancy-rate decreases during the second quarter of this year as real estate markets began showing clear…
SALT LAKE CITY-The real estate subsidiary of Hawaii's fifth largest private landowner continues diversifying its portfolio with mainland assets, satisfying the back-end of a Section 1031 tax-deferred exchange by dropping $8 million on a three-building industrial complex located three miles south of the Salt Lake International Airport.
DEARBORN, MI-The University of Michigan-Dearborn has purchased 30 acres containing 318,000 sf of space from Ford Motor Co. for $33 million. The university plans to expand its campus on the site.
ATLANTA-The infighting this year over former chairman John Williams' unsuccessful attempt to regain control of the company also is blamed for the departure of J.C. Shaw and Bill Parker as directors emeritus, sources in a position to know tell GlobeSt.com. Atlanta Falcons owner Arthur Blank resigned as a director in May.
QUAKERTOWN, PA-When the discount store opens next month, it joins Staples and Sears Hardware and takes occupancy at the 220,000-sf shopping center to above 85%. Area brokers say the rental rate is probably "a little under $10 per sf.
DALLAS-JEH/Eagle Supply, a roofing materials distributor, will relocate from a metroplex suburb to industrial space at 815 Enterprise in Dallas, taking over the balance of a 24-month sublease term from Intervoice Inc.