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ATLANTA-John Drew leaves Staubach to set up his own shop, JDrew Real Estate Advisors, in suburban Sandy Springs, GA. Steve Martin exits locally based-Goddard Investment Group to head Dallas-based Granite Properties' Southeast regional office in Atlanta.
SAN JOSEDowntown San Jose will soon be without a medical facility. San Jose Medical Center officials have decided to close operations and expand its Regional Medical Center, which is 2.5 miles from the downtown area.
DALLAS-LaSalle Hotel Properties hopes to secure a writ today to force a decision Monday, in line with district court's OK for a contract termination to oust Le Meridien from Dallas' Plaza of the Americas. An arbiter gets to decide in New Orleans.
BINGHAM FARMS, MI-Malan Realty Investors Inc. says MacKenzie Patterson Inc.'s offer of $4.65 per share is too low and advises investors to wait out the liquidation process or sell on the open market instead.
PHILADELPHIA-Beefed up since the terrorist attacks on September 11, the US Immigration and Naturalization Service is seeking a 32,000-sf facility in Pittsburgh to replace its current 13,000 sf in the William S. Moorhead Federal Building across from the federal courthouse.
ORLANDO-The 10-year contract brings the 17-year-old, 19-story, 700,000-sf Two Prudential Plaza in Downtown to 100% occupancy. The deal took eight months to do because the U.S. Army Corps of Engineers was scouting other sites.
FREEPORT, TX-Shin Etsu has two plants operational, one under construction and a fourth on the drawing boards. And, it's in talks to buy a 28,000-sf warehouse on about eight acres that it is leasing for the short term.
PARSIPPANY, NJ-First Trenton Indemnity, part of Travelers Insurance, has bumped its headquarters space up from its original 25,000 sf at Schenkman/Kushner's 3 Century Dr.
LONDON-Capital & Regional and Pricoa Property Investment Management have launched their second Xscape retail and leisure scheme at Castleford, West Yorkshire with a range of strong pre-lettings.