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DENVER-In an expansion plan that will more than double its presence in Denver and Colorado Springs, J.E. Dunn Construction has been chosen to construct 17-full service Compass Bank buildings throughout the metro area, nine of which will be built this year.
ATLANTA-Georgia's third-largest county began selling $65 million worth of general obligation tax anticipation notes and $33.8 million of general obligation refunding bonds March 25. As an assurance to developers, Fitch says the county has strong financial management.
CHICAGO-Plans for a $54-million substation at the northwest corner of Madison Street and Des Plaines Avenue may impress some, but some aldermen say the utility should dress up other current facilities in their wards.
BOSTON- The law firm of Kearney Donovan & McGee, Housing Investments Inc. and Trinity Financial are all moving into 40 Court St., taking a total of 14,628 sf in the 115,000-sf building.
BOSTON-Atlas Investment Group got an $8.1 million acquisition/bridge loan for The Dover Residences, a 225,000-sf, mixed-use project at 1166 Washington St. The project will consist of 133 residential units and 14,000 sf of retail space.
WASHINGTON, DC-Commercial real estate here continues to be hot and Grubb & Ellis is planning to stay on top of it all with the recent promotion of 18-year company veteran Marty Almquist to regional senior vice president and managing director.
PHOENIX-The contractor will occupy 15,000 sf of the 62,000-sf contemporary-style structure, with the balance going to the Butler Design Group and Fountainhead United LLC. The project will deliver in the summer at 5555 E. Van Buren.
NEW YORK CITY-While much has been said regarding the designs for rebuilding downtown, little has been explained about the funding. At a Bond Market Association event held last week, experts broke down some of the financial hurdles including Liberty Bonds and insurance proceeds.