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ATLANTA-Charlotte-based Withrow Development awaits zoning approval for Maple Crest Industrial Center, a six-building, 160,000-sf venture on 23 acres at Westinghouse Boulevard and John Price Road in Charlotte. Chris Withrow tells GlobeSt.com the commission favors the plan.
BINGHAM FARMS, MI-A wait-and-see approach is favored by buyers, Colliers International reports. The market seems to be holding its own against the economy and corporate liquidations, it adds.
REDWOOD CITY, CA-A new pilot system handles state tax liens on property and allows local title companies to electronically prepare, submit and record reconveyances using a newly developed computerized notarization process.
SAN DIEGO-A three-firm joint venutre partnership has begun foundation work on Market Square Manor, a $19-million, 200-unit affordable apartment development in Downtown.
NEW YORK CITY-The C-Suite Shuffle continues. An industry source tells GlobeSt.com that George Stone, CFO of the Witkoff Group, is about to jump ship and that major cutbacks are in store at the firm.
LONDON-Murray International Holdings has paid Henderson Global Investors Pounds 14 million ($22 million) to buy back five Edinburgh industrial buildings that it sold and leased back in 1999.
HOUSTON-SpawGlass Construction has broken ground on a headquarters building. The building is the first Leadership in Energy and Environmental Design-certified or "green" commercial office building in Houston.
PHILADELPHIA-Cleveland-based Capstone Realty Advisors names Harry Giallourakis senior vice president. A 20-year mortgage banking veteran, he is a former executive with Cincinnati-based Fifth Third Bancorp/W. Lyman Case.
DENVER-The overall occupancy rate in the Denver area was 72.8% in June, according to Robert E. Benton & Associates Inc., down 3.5 percentage points from June 2001.