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NEW YORK CITY-The firm beefs up its suddenly depleted staff--recent defections include a quartet of brokers who left its San Diego office last week--with five new hires for its New York office.
ORLANDO-Twenty-foot floor-to-ceiling windows and a 360-degree view of the city sealed the transaction at the 31-story, 512,000-sf 400 North Ashley Building for the locally based provider of global support services for the technical, financial and communications industries. Tampa is 80 miles west of Downtown Orlando.
NEW YORK CITY-Perini Building Co. caps off the $1-billion casino/resort expansion with the completion of a 1,200-room luxury hotel. The largest private construction project in the East includes the largest ballroom in New England and the world's largest planetarium.
NEW YORK CITY-The class B office building fetches $222 per sf for the seller, a JV of SL Green and MSREF. The deal is considered an indicator of renewed interest in bread-and-butter assets with solid long-term potential.
ORLANDO-Airport Builders Group Inc. of Orlando plans to break ground on the 51,588-sf, 34-hangar Golden Executive Aviation project by Aug. 1, have it operating by year end and then sell it to a third party.
LONDON-Mayor Ken Livingstone has unveiled his long-awaited Spatial Development Strategy--the blueprint for development in London over the next 15 years. It envisages a massive increase in commercial and residential development to take some of the pressure off the capital's overheated economy.
WYLIE, TX-A Dallas investment group banks on the growing number of rooftops to attract the retailers. The commercially zoned acreage is a natural for retail, but don't rule out office product for a town situated between Dallas and the Red River.
NEWARK-The 422-unit, 27-year-old Georgia King Village will get a major makeover by Southport Financial Services. Most of the units will be set aside as affordable housing.
MORRISTOWN, NJ-The transactions, arranged by G.S. Wilcox & Co. cover a variety of Garden State properties, ranging from apartment complexes to office and industrial assets.
DES PLAINES, IL-Northwest Atlantic Group, unit of Seattle-based Northwest Atlantic, is hired to find as many as 60 locations across the US this year and another 100 next year for the video chain that is returning to an aggressive growth strategy.