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SMITHFIELD, RI-Lenox Inc. is looking to sell its 153,000-sf facility at 270 Jenckes Hill Rd. for $5 million dollars. The broker involved tells GlobeSt.com that despite a dull market there has been a surprising amount of interest in the property, which sits on a 53-acre parcel
PHILADELPHIA-Sale of non-core assets has been slower than anticipated, according to ratings agency. In addition, there are vacancy issues at the remaining centers as well as the company's high level of debt.
NEW YORK CITY-Empire Restaurant Supply picks up the 50-foot wide, three story building, located at 180-182 Bowery between Spring and Kenmare streets. The company, a New York institution, recently sold its former building at 114 Bowery.
American Heart Association statistics show that sudden cardiac arrest outside of a hospital strikes 350,000 adults per year in the US, resulting in more…
FOSTER CITY, CA-The provider of Data-retrieval technology pays $54 million to get out from under its lease of Parkside Towers, a newly constructed unoccupied office complex in Foster City, and exercises a purchase option on the synthetic lease for its Bayside corporate headquarters in order to sell the property.
NEW YORK CITY-NYC & Co., the city's convention and visitors bureau, releases a comprehensive study on the state of the city's tourism industry one year after the World Trade Center attacks.
FORT WORTH-NAI Stoneleigh Huff Brous McDowell makes the biggest catch of recent weeks as two well-known veterans come on board as principals. Elsewhere, Transwestern promotes two; Fischer & Co. hires three; and McCarthy adds one.
ROSEMONT, IL-The Association of Industrial Real Estate Brokers hears from professor David M. Messick of Northwestern University's Kellogg School of Management, who urges them to blow the whistle on wrong-doing while avoiding conflicts of interest.
LONDON-The Corporation of London will continue to encourage high-rise development despite criticisms in this week's report from the parliamentary Sub-Committee on Urban Affairs.