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ELIZABETH, NJ-The Elizabeth General Medical Center property became redundant when its operations merged with St. Elizabeth Hospital to form Trinitas Hospital. RE/MAX Commercial has the assignment.
NEW YORK CITY-Manhattan apartment hunters aren't being frisked or interrogated when they submit their rental applications. In fact, except for an increased emphasis on verifying prospective tenants' employment and income, the city's residential leasing process has remained largely unchanged following the World Trade Center attacks.
ORLANDO-Whether or not they say so on the record, most property management agents in the US and Great Britain today are paying closer attention to itinerant tenants with no job record and pocketfuls of cash, brokers, managers and analysts tell GlobeSt.com in an exclusive survey.
ARLINGTON, VA-The California Public Employees Retirement System and Indiana's Simon Property Group are now equal owners of the celebrated Fashion Centre at Pentagon City in the Washington, DC area. Both companies previously held minority stakes in the property, which is valued at $365 million.
BOWIE, MD-Prince George's County residents now have a new 86-store mall to peruse, with the official opening of the Bowie Town Center. Simon Property Group of Indianapolis is owner and operator of the $100-million open-air complex.
WHITE PLAINS-Starwood Hotels & Resorts Worldwide Inc., reports that it has granted a Four Points by Sheraton franchise to its first Mexican hotel property located in Monclova, Coahuila.
ELLICOTT CITY, MD-The $2.8 million Howard County officials just made from surplus property sales is only the beginning. They hope to make $7 million or so on additional sales, and will use the profit to fund their new office complex.
BONITA SPRINGS, FL-However, the locally based developer of luxury single-family and multifamily communities reports the value of contract orders increased by 33% for the month ended Oct. 30. Bonita Springs is 134 miles northwest of Miami.
BURLINGTON, MA-The area's Irish heritage coupled with its reputation as a tech center proves a draw to Donegal, Ireland-based Iontas Ltd. The software development company establishes its US headquarters--and first US presence--here.