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MCLEAN, VA-Beleaguered Freddie Mac could be in for more management changes as the Office of Federal Housing Enterprise Oversight recommends that newly installed CEO Greg Parseghian, formerly the company's CIO, be ousted.
GRAND PRAIRIE, TX-A graphics firm is readying for a Sept. 1 move into 2,481 sf in the Great Southwest Industrial District while a Seattle-area moving company changed addresses to a 30,400-sf spot in the Valwood Distribution Center.
MARLBOROUGH, MA-In a deal that is good news for this struggling market, Motorola Corp. leases 60,000-sf of space at 111 Locke Dr. The deal will enable the telecommunications and electronics company to consolidate offices.
NEWTON, MA-The city has the winning bid in the purchase of Kessler Woods, a 42-acre parcel that is the largest open piece of property in this area. The city is buying the property with Cornerstone Corp. for $15.1 million.
SAN DIEGO-The 14-story complex, known as Diamond Terrace, is rising at 427 Ninth Ave. in the East Village district of Downtown San Diego. Upon completion, it will contain a total of 113 residential units varying in size from 430 sf to 1,088 sf, as well as 10,000 sf of street-level retail space.
BINGHAM FARMS, MI-Malan Realty Investors says that its net assets increased by $738,000 in the second quarter of this year. The REIT is on its way to complete liquidation.
NORTON SHORES, MI-Ramco-Gershenson Properties Trust has purchased a 361,000 sf shopping center in west Michigan from Horizon Group Properties for $23 million.