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FARGO, ND-Alloway Industries, LLC's soon-to-be disbanded joint venture with John Deere results in the closing of a facility this summer. Alloway hires Philadelphia-based Binswanger/CBB to sell the property near two interstates and an airport here.
CHICAGO-Prime Group Realty Trust acting chairman Stephen Nardi says Vornado Realty Trust president Michael Fascitelli will "bring much to the board" of the cash-strapped REIT. Vornado now shares a one-third stake in the city and suburban office and industrial REIT.
LONDON-Southside Capital--a joint venture between Taylor Woodrow, Kilmartin Property Group and Bank of Scotland--has lodged a planning application for its Pound 400 million ($580 million) redevelopment of the Royal Infirmary site in Edinburgh.
SOUTHBOROUGH, MA- New Boston Fund sells a 71,200-sf Class A office building at 225 Turnpike Rd. to a local investor for $8.1 million. The private real estate investment and development firm acquired the building six years ago for $4.2 million.
NEW YORK CITY-One block away from a 10-acre parcel currently under development by MBD as a grocery-anchored shopping center, CBC Associates plans to construct a 12-screen movie complex and at least three retail buildings.
MINNEAPOLIS-The REIT says it is flush with cash and looking for commercial real estate opportunities after selling off 80% of the Stellent shares it received in the sale of its SmartCabinet Software Code.
BILLERICA, MA-In a move that essentially finalizes the company's separation from its parent, Millipore Corp., Mykrolis Corp., leases a 175,000-sf facility at 129 Concord Rd. for its new headquarters.
BEDMINSTER, NJ-The world's eighth-largest pharmaceuticals manufacturer puts its current headquarters space on the market less than three weeks after confirming reports that it has agreed to buy AT&T's sprawling Basking Ridge, NJ campus.
DALLAS-Bracewell & Patterson adds 9,478 sf to its office at Lincoln Plaza, taking the international firm to 34,776 sf. Provost Umphrey takes 6,043 sf at One McKinney Place as it revs up for a June 1 opening with former federal Judge Joe Kendall at the helm.