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ORLANDO-SunTrust Bank is providing the loan that Daytona Beach, FL-based Bethune-Cookman College will use to finance construction of a new Performing Arts Center and renovation of the school's existing music and communications buildings.
SANTA MONICA, CA-Milken Institute pegs number at 263,700, but cautions that the figure could rise if spending doesn't pick up soon. Longer-term outlook is brighter.
INDIANAPOLIS-Some industrial experts predicted a shift to "just-in-case" inventory systems rather than the prevailing just-in-time method. Duke Realty Corp. officials counter corporations may not be ready to give up just-in-time's cost efficiencies just yet.
GREENWOOD VILLAGE, CO-The sharp increases in revenues, funds from operations and earnings per share reflects the REIT's purchase of CWS Communities Trust, which added 46 properties to the portfolio.
LOS ANGELES-Architect Thom Mayne of Santa Monica-based Morphosis wins the competition to design the agency's new Downtown HQ. The site, at 1st and Main, is considered one of the most prominent in the entire city.
WILMINGTON, CA-The package of grants and loans is aimed at turning the blighted industrial complex into a bustling center that could create 400 new jobs.
CHICAGO-Rather than fall in love with renderings that may never become reality, city planners will take a harder look at developers' wherewithal and issue Requests For Qualifications, not Requests for Proposals.
CRANFORD, NJ-The REIT's overall performance was slightly better during the period, which saw more evidence of its increasing focus on its core markets and property types.
STAFFORD, TX-Groth Corp.'s relocation from Houston to Greater Ft. Bend is more of a reality now that construction is under way on its 60,000-sf building in the Freeport Business Center. Meanwhile, the park lands two tenants for a combined 54,000 sf.