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NEW YORK CITY-Cushman and Wakefield bring their Alliance membership number up to 14 with the addition of members in Baltimore, Columbus, OH and Pittsburgh.
LONDON- Israeli investor Igal Ahouvi has paid pounds 29 million ($48 million) for a 370,780-sf Sainsbury's distribution unit on the Shire Business Park in Worcester.
DAYTONA BEACH, FL-Developer Bill Geary plans to build two 250-room hotels, an undetermined number of timeshare units, carnival rides, an arcade and about 50,000 sf of retail-restaurant space on the beachside, north of Main Street.
ATLANTA-Dwight Morgan, the division's chief operating officer since 1998, joined Skanska USA Building Inc. in 1988 as a project manager. The 98-year-old division, which has built some of Atlanta's most notable landmark structures, posted 2002 revenue of $907 million.
DALLAS-Meeting in a marathon session yesterday, the Senate Intergovernmental Committee weighs first-time legislation to place a 5% cap on commercial real estate values. A decision could come tonight.
HOUSTON-The deed goes to Global Net Lease Partners, but the keys stay with Duke Energy, which is a week into a 15-year lease. Duke put its 664,000-sf regional headquarters on the block two years after it poured $20 million into upgrades.
DENVER-One of the nation's largest apartment REITs posts first quarter net earnings per share of 43 cents, a significant increase over the same period of 2002.
MONTEREY PARK, CA-The private investor who owns and operates the company buys a 24,000-sf industrial building from tooling company DME. The 40-year-old building's quick sale is indicative of the demand in the LA Basin.
DALLAS-Meeting in a marathon session yesterday, the Senate Intergovernmental Committee weighs first-time legislation to place a 5% cap on commercial real estate values. A decision could come tonight.
SUWON, KOREA-The 1.5 million-sf public-private partnership project in this city of two million people south of Seoul is integrated with Suwon Railway Station via a multi-story truss system spanning the railroad tracks.