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CHICAGO-The local region of the enormous office REIT has developed a more systematic way of supporting Chicago-area charities, which in the past has typically involved children or the arts. For the first year of the program, Equity will be supporting a therapeutic arts program for kids.
CRESTVIEW, FL-One of North Florida's largest private property owners, the chairman of the Escambia County board of commissioners and former president of the Florida Senate, is fighting his conviction on bribery and corruption charges involving two land deals totaling $6.2 million.
DALLAS-Cornerstone Real Estate Advisers does the buying. Archon Group does the selling. And no one's talking except those on the street about the long-awaited sale of the 395,910-sf, class A office tower along North Central Expressway.
PETERSBURG, VA-Longtime area resident Boehringer Ingelheim Chemicals Inc. will spend $52 million to open a new manufacturing facility at is plant in Petersburg Industrial Park.
BIRMINGHAM, MI-The first attached townhouse buildings are almost complete in the initial phase of the new Eton Street Station community. Final development will have 18 buildings of offices and multifamily living.
PHOENIX-A Phoenix investment group acquires the 91%-leased Sandpainter Apartments with 1031 Exchange proceeds. Built in 1979, the complex attracted the offer within a week of hitting the market.
MALDEN, MA-In one of the largest lease transactions in recent months in the area, Today's Fleet Service Inc. leases a 22,400-sf single-story building at 375 Washington St.
LONDON-Is the residential market running out of steam? House prices in England and Wales fell in May for the second consecutive month, property company Hometrack says in a report