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DETROIT-The retail REIT is reviewing its options for appeal on a decision by the court for the company to pay the former president and CEO another $1.4 million though he already received a $1 million change-in-control payment.
MEDLEY, FL-The construction firm based in Coral Gables, FL estimates the construction cost to be $13 million. Scheduled to break ground Aug. 1 and to be finished this year, the facility will be an expansion of Preferred Freezer Services Inc.'s South Florida operations.
LOS ANGELES-Bradley Hillgren steps into the newly created position at Lowe Enterprises to expand his territory from California, Arizona and Washington state to responsibility for projects nationwide.
LONDON-Three more retailers have taken space at the 300,000-sf Kingsgate Shopping Centre in Huddersfield, bringing in more than pounds-200,000 ($326,000) a year in rents for landlord WD Huddersfield
WASHINGTON, DC-The US Department of the Treasury makes headway in the implementation of the Terrorism Risk Insurance Act of 2002 as it announces one of what will be a bevy of final regulations under the new law.
LIVONIA, MI-New stores by the Iowa family retail chain will open in Metropolitan Detroit, replacing two failed Jacobson's. Plans call for both stores to open this fall.
SEATTLE-After a brief stint with Insignia/ESG, one of the Puget Sound's oldest, largest and most productive commercial real estate services firms aligns itself with Chicago-based GVA and prepares to expand into the Portland, OR market at the end of the month.
MIAMI-The former apartment complex turned office building has been gutted and work has begun to convert it into a 239-unit condominium project. Miami Beach-based Karlton Properties is developing the site.
LONDON-Specialist central London investment and development company Benchmark Group has concluded three property investment sales in central London totalling pounds 87.8 million ($143.1 million)