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ATLANTA-With the May 22 deadline 24 hours away, the Buckhead, GA-based financial services firm plans to use its 1.68 million voting shares to back former Post Properties Inc. chairman John A. Williams in his bid to gain control of the company.
MIAMI-The construction loan, through Bank of America, is to fund the downtown Miami waterfront condominium project One Miami. The development will feature 896 residences in two towers, 44 and 45 stories. The units are more than 90% sold.
PHOENIX-The Church of Jesus Christ of Latter Day Saints collects $240,000 for a 2,170-sf office building in Phoenix and $501,670 for a 3.8-acre tract in Tempe, where it had planned to build a church.
DETROIT-More than 2,600 abandoned businesses and homes will be torn down throughout city, with help from a $10 million donation from a noted Michigan foundation.
NOVA SCOTIA, CANADA-The Cincinnati-based provider of outsourced services to employee- and customer-intensive industries cuts a deal with the Millbrook First Nation Band for the first-ever call center on land controlled by Native Canadians.
SAN DIEGO-San Diego can expect a flood of visitors this upcoming holiday weekend, as the city was ranked as the third favorite Memorial Day vacation spot among Southern Californians, according to a recent survey by the Automobile Club of Southern California.
PINAL COUNTY, AZ-Two of three planned retail projects are ready to move from drafting boards to ground-breakings as developers scramble to be first out of the gate for a piece of the action in a fast-growing region southeast of the capital.
HOUSTON-One City Centre holds onto the tenant, which has spent the past year in class A office space of an acquired company under a sublease situation. Now, Perenco signs a five-year direct lease in the Houston CBD office tower.
DALLAS-The commitments stretch from north of Dallas to southeast of Fort Worth as 12 retailers pick out their spots and make plans to open their shops. A 13th deal for 8,490 sf is cut by Dollar Tree in an ongoing Texas expansion.