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DETROIT-Livingston County's Economic Development Council makes appointments to go over expansion paybacks such as tax rebates, job training and infrastructure assistance.
SAN DIEGO-Construction begins on the third and final phase of an office complex in the Kearny Mesa area. The 314-acre campus encompasses four buildings accommodating office, research and development as well as financial facilities. The third phase will include one, three-story building of about 60,000 sf
AUSTIN-In the last two weeks, sublease space has grown by 30,000 sf to take the present total to 3.699 million sf in all product classes. The steadily climbing sector has pushed rent down across the board, with the average contract length dropping as well.
PALM BEACH GARDENS, FL-Prison REIT Correctional Properties Trust files a universal shelf registration with the Securities and Exchange Commission. The registration statement allows the company to offer $250 million of its common stock, debt securities and warrants.
LONDON-New research from Catella shows prime West End rents have fallen 12% in six months. And the agent reports that the City market is off 8% over the same period.
CARROLLTON, TX-The newest version of OneSite has hit the marketplace as RealPage takes aim at red flagging applicants with questionable backgrounds for multifamily properties. The difference from competitors is the information retrieval process, says a company exec.
DENVER-Frederick Ross Co. will oversee management of the 740,000-sf Quebec Square at the $4-billion redevelopment of the former Stapleton International Airport. Home Depot, Wal-Mart and Sam's Club are anchors.
BROWARD COUNTY-Two years into the county's $400 million Safe Parks and Land Preservation Bond Program, commissioners are re-designating acquisition funds--$19.3 million most recently--from conservation lands to open-space properties.
NEW YORK CITY-The former Newmark retail CEO officially takes the reins of Cushman & Wakefield's Retail Management Consultant group, which aims to trade in C&W's traditional retail vehicle for a new model loaded with extras.
RANCHO SANTA MARGARITA, CA-Pace Integrated Systems pays more than $1.1 million for the facility, which stands at 30442 Avenida Esperanza. The HVAC contractor plans to relocate from Laguna Hills in July.