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NEW YORK CITY-Employees at the real estate industry magazine and Web site confirm that it will cease operations Tuesday, after less than three years in business.
PHILADELPHIA-Robert Judge faces detractors as he begins his tenure as the second president and chief executive officer of Downtown Philadelphia's nine-year-old Pennsylvania Convention Center.
NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.
MIRAMAR, FL-Hilton Garden Inn Ft. Lauderdale SW/Miramar opens as the first location of Hilton Hotels Garden Inn brand in the Miami-Ft. Lauderdale region. The 149-room property caters to mid-market travelers and is one of about 140 Garden Inns throughout the country.
SALEM, NH-Coventry Real Estate Partners and Developers Diversity Realty Corp. sell The Village Shoppes of Salem for $26.5 million. Despite the struggles of the power center sector of the retail market, the center's location near a major mall made it an attractive deal.
BETHLEHEM, NY-Although several major energy power plant projects in New York State have either been cancelled or postponed due to the fallout from the Enron scandal, construction has begun on a $400-million facility in a suburb of Albany.
PHILADELPHIA-Milwaukee, WI-based Associated Sales & Bag Co. buys a distribution center near Carlisle, PA from locally-based Andrew H. Walters Trust. The location near I-85 and the PA Turnpike gives Associated easy access to its customers in the east.
AUSTIN-The Austin-based multifamily high-tech provider shifts to the Nasdaq Small Cap market after trading for less than $1 per share since March. In line with the move, the company puts in Roy Rose as chairman.
ORLANDO-Upon delivery, scheduled for June 2003, the new Hughes Supply Inc. headquarters building will be the cornerstone of Hughes Square, a planned development to be built in Downtown Orlando.
TRENTON, NJ-The action will allow Manex Entertainment to build a major new production complex and enable the YMCA, which also eyed the site, to build a new facility of its own nearby.