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VIRGINIA BEACH, VA-Cendant Corp. decides to locate its new Car Rental Group's Shared Services Center in the same city that became the home to its human resources call center last year. Cendant will house the new facility in the former Avis Building it recently acquired.
LONDON-London Mayor Ken Livingstone has said he will veto plans to redevelopment the Dome site in Greenwich unless the developers include more affordable housing.
NEW YORK CITY-The industry's job market is hurting. But some subsectors less than others. Asset management and acquisitions experience can land you work, despite the slump, says one recent survey.
PHOENIX-The new hire, with four years in the commercial real estate industry, is tasked with finding new projects in Arizona and across the southwest. It's the second hire this month for the Phoenix builder.
MARLBOROUGH, MA-Borders Books & Music will open a 21,000-sf store in the Shops at the Pond shopping center this September. The store, which will be located at the intersection of Donald Lynch Boulevard and Bigelow Street, will be the Ann Arbor, MI-based company's 12th in the state.
BERLIN-Upon its completion in the summer of 2005, Viterra Development GmbH will sell the hotel to SEB Immobilien-Investment GmbH, a German open-ended fund. Germany-based Maritim has been selected to operate the property.
CRESTVIEW, FL-W.D. Childers, the former president of the Florida Senate and chairman of the Escambia County board of commissioners, is convicted last week of bribing a fellow commissioner in return for a favorable vote on two commercial real estate deals.
SANTA ANA, CA-A Newport Beach private investor buys the 9,351-sf office building from Birtcher Real Estate Group, also of Newport Beach. The property came with a five-year tenant for the 23-year-old building.
SEATTLE-The Quality Food Center division of The Kroger Company is nearing a Master Use Permit to redevelop a one-plus-acre site at 39th and Stone Way with 26 town homes and a 35,000-sf grocery store sandwiched between two levels of parking.