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BOCA RATON, FL-The locally based company posted a 181% increase in net losses and a 10.6% decrease in total revenue for the second quarter ended June 30. The firm owns and operates 14 hotels.
BOSTON-A coalition of business leaders led by Fidelity Group and the Greater Boston Chamber of Commerce comes out against an affordable housing initiative that would boost property taxes in this city by 2%. The initiative will be on the ballot this November.
SANTA ANA, CA-Privately held Harvard-Anne LLC acquires a 49,700-sf manufacturing facility at 3130 W. Harvard St. from Fairchild Corp. The building will house Harvard-Anne's woodworking unit, Trimco Finish.
PHOENIX-Westland Title rolls out the first of several offices planned for the Valley. The firm, which has corporate offices at Squaw Peak Corporate Center, signs for a 2,600-sf spot at Lake Biltmore Corporate Center in the city's north submarket
PISCATAWAY, NJ-The single-story office building has been substantially upgraded by the pharmaceutical industry consulting firm. Binswanger/Klatskin has the assignment.
SANTA ANA, CA-Passco Real Estate Enterprises acquires 85,500-sf Rolling Ridge Plaza in upscale Chino Hills. The 93%-occupied center has a Ralph's Supermarket and Bank of America as anchors.
OSWEGO, N.Y-The Best Buy retail chain reports it will build a $40 million 650,000-sf distribution center in the town of Nichols in upstate Tioga County.
RANCHO CORDOVA, CA-Teichert Materials Co. increases its status as Sacramento's largest gravel producer with the acquisition of two properties, a plant here and a 1,000-acre quarry in Auburn.