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ORLANDO-Lowe's Cos. Inc. of Wilkesboro, NC and Wal-Mart Stores Inc. of Bentonville, AR are scouting the local market for a 150-acre-plus site to build a one million-sf to two million-sf distribution center, land brokers intimate with the search tell GlobeSt.com
LOS ANGELES-Wardlow Center Partners LLC acquires the 75,150-sf retail center in Long Beach. The company plans to rehab the complex, which is anchored by TJ Maxx, Big A Drugs and Huffs Restaurant.
SANTA CLARA, CA-NEC Technologies has awarded Cornish & Carey Commercial with an exclusive real estate services contract that names the firm as its sole provider of real estate acquisitions and dispositions services in the U.S. and Canada.
ATLANTA-The Tennessee REIT needs an OK from the Atlanta Regional Commission before breaking ground on the Mall at Newnan Crossing, a 150-acre suburban project with an estimated construction tag of $98 million, area land brokers tell GlobeSt.com.
BOCA RATON, FL-The locally based developer of a mixed-used residential community in Shanghai scraps plans for a similar project with a commercial component in Beijing.
PORTLAND-The Oregon Tourism Commission will unveil its "Tourism Industry Recovery Plan," this morning (Monday, Oct. 22) at the Oregon Lodging Association's annual gathering at the Oregon Convention Center.
NEW YORK CITY-Standard and Poors releases its good-news, bad-news view of the real estate world: REIT ratings are stable but the forecast is not; the CMBS market saw upgrades but the lodging industry will sap its strength.
FREEHOLD, NJ-The 184,800-sf asset, located in the Midwest and net-leased to Anheuser-Busch, raises the company's investment portfolio to 28 properties in 18 states.
PACOIMA, CA-A combined 87,250 sf of industrial space in this San Fernando Valley community is sold to separate buyers. One buyer is an auto-racing team.