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DETROIT-Downtown areas, expected to be identified in May, will get funds from a public and private development corporation formed by the Michigan Economic Development Corp. and the National Main Street Center.
MONTEBELLO, CA-Investors from Larkspur, Calif. acquire the 256-unit Hensel Gardens apartment complex, a Cape Cod-style, 13-building property built in 1958. The seller is California Safety Center Corp.
In economic times like these, outsourcing can get a bad rap. When times are good, outsourcing is considered an innovative way to create partnerships and…
SAN FRANCISCO-City Administrator Bill Lee is chosen by the mayor and the Board of Supervisors to become the final member of the San Francisco Planning Commission, meaning that the dormant commission is now ready to operate after months of controversy.
BOSTON-A report from Meredith & Grew on third quarter statistics indicates that while vacancy rates and negative absorption are slightly up and rental rates are slightly down, velocity remains steady. This is a market, the report emphasizes, where tenants can get good deals.
DALLAS-A 15-year tenant exits the Crescent in Uptown for the Plaza of the Americas in the downtown. The 10-year win carries a two-year lease buyout with a hefty price tag, a practice becoming more frequent in Dallas face-offs.
DALLAS-Cato, a North Carolina retailer, boosts its Dallas-Fort Worth stock to 17 stores. One location is part of an addition being built at a Kroger-anchored center in Garland and the other goes to a Wal-Mart neighbor now rising in Grand Prairie.
DENVER-Holden Market Support Services gets a warm welcome from the city on its decision to expand a center at 5000 Lima St. in anticipation of a larger payroll over the next three years.
LAREDO, TX-The Hamilton Hotel in Laredo takes the National Trust honor for its conversion from a 300-room facility into 165-unit complex for senior citizens. The fully occupied asset is part of the border town's historic district.