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NORWOOD, MA- UK-based Aga Foodservice Group crosses the pond with its acquisition of Domain Home Fashions, a home furnishings retailer headquartered here, for $25 million.
ORLANDO-the Jacksonville, FL chapter of the National Associaiton of Industrial and Office Properties cited the firm for completing a 100,000-sf, class A corporate headquarters building for TNT Logistics; a 72,000-sf headquarters building for Tree of Life Inc.; and opening Building Two at the five-story Gran park Deerwood North. All of the projects are in Jacksonville.
DENVER-The company keeps its crews busy with $30 million in contracts to build or renovate public and private schools throughout the metropolitan area. Population growth forces some school expansion projects.
DENVER-Competition will come from cities in California, Texas as well as New York City, but the high cost of providing security for the 2004 Republican Party national convention may offset the economic windfall it would produce.
SAN DIEGO-A real estate investment trust that's liquidating its assets sells its interests in three shopping centers. The deal is valued at $22.3 million.
COLEMAN, FL-Jeff Hover's complaint alleges the federal government misled residents of Indian Oaks subdivision by saying it would only build a single penitentiary and four low-security buildings on the 1,440-acre site.
SOUTHFIELD, MI-The city that was one of the first suburbs in the US tries to spark a new interest in Cornerstone, an area of prosperity that includes "The Village at Cornerstone," a mixed-use redevelopment project.
HOUSTON-Dr. Barton Smith, the region's favorite forecaster, says exercise caution in interpreting reports about how bad 2001 was and how good 2002 could end up. His analysis says it will be 2003 before it gets much brighter.
NEW YORK CITY-New York Marriott Brooklyn Hotel in Downtown Brooklyn will undergo a 180,000-sf growth spurt. The city-owned hotel will add a 23-story building adjacent to the main structure and connected by an enclosed bridge.
CHARLOTTE-Michael Greco, president of the locally based real estate financial products firm, says FastTrak will provide quick access to commonly requested inspection and appraisal services.