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LOS ANGELES, CA-Former tenant eToys, which filed for bankruptcy in March of 2001, wants the REIT to return about $15 million that Kilroy collected in letters of credit.
LONDON-Philip Green's pounds 850 million ($1.3 billion) bid for retail group Arcadia was thrown into doubt within hours of being launched after the police raided the offices of his Icelandic partner.
ORLANDO-Tampa Sports Authority, owner/operator of the structure, has until Oct. 1 to find a new insurance carrier for the four-year-old, 65,000-seat property.
WESTMONT, IL-The co-development by Rosemont, IL-based McShane Corp. and Boston-based Lend Lease Real Estate Investments subsidiary Cordia Senior Living opens for business at 865 N. Cass Ave. Construction takes more than a year, but the project has been in the works since March 1999.
MILWAUKIE, OR-The provider of out-sourced call center services has renewed and expanded its lease at 6542 SE Lake Road from a family trust and leased new space at the Lincoln Business Center from Watumull Properties.
DENVER-Cities that host the American Society of Association Executives, who decide where to send their meeting businesses, can expect to see more than $1 billion flow into the local economy over the five years after playing host.
VANCOUVER, WA-The phased project by Rick Ruggiero's Courtesy Development and other investors will include 138 condominiums, a 60,000-sf office building, a restaurant and a private marina with rec building. All but a few of the $700,000 condos in the project's first phase have been reserved.
IRVINE, CA-The growing motorcycle dealership bought a former BMW dealer's property and will move from nearby Lake Forest, broker Scott Frazier of CB Richard Ellis tells GlobeSt.com.
NEW YORK CITY-Following the recent enactment of the largest corporate disclosure law revision since the SEC Securities Act of 1933, real estate experts tell GlobeSt.com that the industry welcomes new legislation aimed at backstopping the public outcry for executive accountability. Some warn, however, of damaging effects the well-meaning mandate may wreak on corporate flexibility.