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MANSFIELD, MA-Seven towns along Route 495 want to receive an Economic Target Area designation from the state that would enable them to lure businesses into the area. The designation requires that the towns collectively designate 200 acres for the development of a regional technology center.
CHICAGO-The hotel overlooking the Chicago River at 71 E. Wacker Dr. becomes Hotel 71, with 33 new rooms and a new lobby following a $20-million renovation project. It was one of several for co-owner Boykin Lodging Co.
GRAND RAPIDS, MI-In its first venture outside the Western US, SVN becomes Grand Rapids' third-largest industrial property owner with the acquisition of a 15-property portfolio from First Industrial Realty Trust.
ATLANTA-Christopher "Kit" Baker will direct the locally based firm's new property management division for the Southeast, reporting to VP of property management Robert Flannery.
MILWAUKEE-The company will close its Northridge Mall Boston brand department store in March. A part of Saks' Carson Pirie Scott division, Boston Stores operates five other locations in the metropolitan area, all of which will remain open.
CHICAGO-The 24-unit King Drive Courts Condominiums at 6029-35 S. King Dr. and 10 townhomes at 6200 S. Ellis Ave. will be one of the first new multifamily construction projects in the area in quite some time.
ATLANTA-The US Bankruptcy Court will rule Jan. 7 on the chain's estimated 6.56 million sf of retail space. The five-year-old firm listed assets of about $75 million in its Chapter 11 filing in October.
HOUSTON-Atlanta's Mariner Healthcare, a nine-year employer in Houston, inks a 10-year lease for 70,731 sf in the first phase of a Panattoni office park. The city was vying against Baltimore, Pensacola, FL, Asheville, NC and Buffalo.
VALLEJO, CA-The Guidiville Band of Pomo Indians and developer Kevin Kean plan to redevelop the 120-acre Mare Island, which was once a Naval shipyard, into a Las Vegas-style casino.
ARLINGTON, TX-Care Now signs for the eight-year balance of a shuttered Hollywood Video building. The 6,656-sf conversion into a clinic has started. At another Arlington shopping center, a restaurateur takes 2,601 sf for five years for a wine bar and bistro.