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ST. PAUL, MN-Support from the governor, previously opposed to publicly funding a new ballpark for the Twins, comes on same day Major League Baseball Commissioner Bud Selig backs off contraction for 2002.
ST. PAUL, MN-Metro Transit says the 95-year-old garage on 9.5 acres at Snelling Avenue and I-94 will make way for a new bus garage and other projects to be determined by the Metropolitan Council, city of St. Paul and neighborhood groups.
STAMFORD, CT-Citing the successful acquisition of the First Stamford Place complex here in 2001, W&M Properties says that while it intends to remain selective the company wants to increase its acquisition and mezzanine investment activities this year.
CHICAGO-After spending 2001 on the sidelines, AMLI Residential Properties Trust shoots for $150 million in acquisitions, most of them with joint venture partners, says president Allan J. Sweet. Meanwhile, it writes down the value of land held for development.
NEW YORK CITY-Cushman & Wakefield continues to explore new options with its new Hospitality Asset Recovery Service, which will assist investors and owners in the disposition of distressed hotels and lodging-backed mortgages.
BONITA SPRINGS, FL-The Bonita Springs, FL-based company's homebuilding division posted a 47.4% increase in revenue for the year, climbing to $906.1 million. Bonita Springs is 180 miles northwest of Downtown Miami.
GOODYEAR, AZ-An Omaha buyer rolls his first Arizona medical building into a portfolio mostly filled with multifamily properties. The property has Vanguard Health System locked in as the single tenant for 10 years.