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CHICAGO-Former president and CEO Edwin Jacobson's defamation lawsuit is dismissed in Cook County Circuit Court, as well as a motion attempting to bar Heartland Partners LP from selling assets, including a 142-acre site in Milwaukee.
WESTMINSTER, CA-The new building and a long-term triple-net lease draw the interest of an Orange County buyer looking for a leased investment. Yacoel Properties trades the deed for a $4.9-million check.
ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.
CHICAGO-In a half-dozen leases executed at the same time, an HVAC supplier represented by Cushman & Wakefield has undertaken a complex reorganization of its local distribution operations.
LACEY TWP., NJ-The Pennsylvania-based developer wanted to build 800 apartment and single-family homes on 250 acres, but state DEP and local strictures brought the size down substantially.
CHESAPEAKE, VA-Over 400 acres of wetlands are rescued from commercial development following an ardent campaign by the Chesapeake Bay Foundation to prevent Tri-City Properties LLC from building a mixed-use community on the property.
ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.
PONTIAC, MI-A $2 billion mixed-use project will begin with residential and retail, hopefully by December, says the Harbor Cos. Previous plans calling for office and hotel development on the site are on hold.
METHUEN, MA-Parlex Corp. sells and leases back two of its facilities for $12 million. The facilities, one of which is locally based while the other is in Cranston, RI, were sold and leased back from Taurus Investments.
DALLAS-One company gets $3.6 million in a 10-year loan with a 5.5% interest rate to buy a fully leased, 37,391-sf retail center in Austin while the other finesses a $3.9-million construction loan for a new development in Round Rock.