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ANN ARBOR, MI-The REIT wants the return of white proxy cards to approve a merger with Commercial Net Lease Realty, saying claims against the merger are only a selfish attempt by a New York stockholder.
GREENBELT, MD-The Commerce Center II office complex is snapped up for $16.9 million by Frederick County's Butera Properties. The 129,964-sf property is fully leased, with the first lease set to roll over in 2009.
NEW YORK CITY-Cushman & Wakefield executive vice president John B. Coppedge III has put the firm's new International Services Group into play, signaling a major restructuring of C&W's approach to multinational client services.
FOUNTAIN VALLEY, CA-The district will build a maintenance facility on the 2.15-acre property. It will be used to service and store school buses and vehicles. The ground lease is valued at $2.2 million.
ORLANDO--In one of the most successful recruiting blitzes in Central Florida's hospitality industry, the Nashville, TN-based hotel company drew 12,000 applicants in a four-day job fair.
PORTLAND-Interested subcontractors and suppliers are encouraged to attend a pre-bid conference tonight for Museum Place South, a 278,000-sf mixed-use project being developed by the Portland Development Commission and Howard S. Wright Construction on a full city block along the western boundary of Downtown.
SPOKANE, WA-Shea principals have operated in the Spokane area since the mid-1970s, participating in major projects through its closure last month. Now, the company's remnants have been folded into the creation of a new construction subsidiary of Canada's Graham Group.
LONDON-New research reveals that 80% of European hotel executives are considering making a significant hotel investment now and 61% believe that the economic downturn will last only four to eight months.
LOS ANGELES-Tenant EDCO USA will take 10,000 sf for 15 years at the Downtown tower formerly occupied by AT&T. The space will be used to house a data center.
CHICAGO-Panelists tell GVA Worldwide's conference here say private offices are out, cubicles in, with law firms being one notable exception. Accommodations also must be made for technology, they add.