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NEW YORK CITY-And he pledges a 2006 topping out for Libeskind's Liberty Tower in addition to committing $50 million for near-term improvements. The governor also laid out the specifics of the $4.6-billion transit hub development.
WAPPINGER, NY-Southeast Container has closed on the purchase of the 250,000-sf former Roe Movers/CHEP building here for $10.8 million and has transformed the facility into its eighth beverage container-manufacturing-and-distribution plant.
LONDON-Hotels group InterContinental has issued a profits warning saying second results would be "substantially" worse than last year. The news comes only a week after it successfully demerged from Six Continents.
MIRA LOMA, CA-The Upland-based developer begins work on Eastvale Gateway, one of the largest centers under development in the Inland Empire. The project neighbors Lewis' 732-unit Homecoming at Eastvale apartment complex.
HOUSTON-A customs broker gets some extra space in a re-crafted long-term lease for 77,726 sf at 1350 Salford, a 112,000-sf warehouse in the northwest corridor. In the southeast submarket, an industrial tenant takes 30,200 sf.
ASBURY PARK, NJ-Officials say SOSH Architects' 'Soho Meets South Beach' theme is designed as a year-round attraction for this oceanfront town. The overall 56-acre redevelopment will cost $1.3-billion and include 3,000 housing units.
IRVINE, CA-Ray's Apparel moves into a 135,777-sf office/warehouse in a consolidation of three locations in Costa Mesa, where it was leasing 120,000 sf. The building, designed with 20,242 sf, also will be the garment maker's headquarters address.
PHOENIX-The California limited liability company acquires its second multifamily property in a year, snagging the deed to the 96-unit Silver Tree Apartments. The Phoenix seller applies the capital to larger property in a 1031 Exchange.