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LONDON-A UK investor is backing a new hotel scheme on the outskirts of London. It's flying in the face of industry warnings about the hotels sector in the wake of the terrorist attacks on the USA.
ORLANDO-The seven-year-old Internet firm will ask the U.S. Bankruptcy Court here Oct. 9 to close the books on its Aug. 20 voluntary Chapter 11 filing because a potential refinancing deal for $3 million tanked.
SUN VALLEY, CA-Entertainment Lighting Services acquires a 69,582-sf building and an adjacent parcel, with plans to relocate here in the first half of next year. The property is in the 11400 block of Sheldon Street.
CHICAGO-Not-for-profit National Restaurant Association Educational Foundation takes space on the 15th floor of the renovated 175 W. Jackson Blvd., one of several recent West Loop deals involving Cushman & Wakefield brokers.
WASHINGTON, DC-Nearly 100 real estate professionals, association leaders and members of Congress gather here to talk about the near- and long-term implications of September 11 on the vast components of the real estate industry.
COHASSET, MA-The town would like to see a 62-acre parcel--one of the large potential commercial sites here--developed for commercial use, but Virginia-based AvalonBay Communities is interested in putting up a residential complex instead.
SAN DIEGO-The 26,000-sf center will be located on the San Diego State University campus, adjacent the new $20 million athletic center. Construction is scheduled to begin October 2002, with completion slated for October 2003.
SACRAMENTO-Panattoni Development Co. negotiates lease with Ford Motor Co., enabling the motor distributor to occupy the majority of a 360,800-sf facility.
SAN JOSE- The site is near San Jose's Tech Museum, the San Jose Museum of Art and the Fairmont Hotel. The proposal will be considered by the San Jose Redevelopment Agency next month.
WHITE PLAINS-Dallas-based luxury housing developer JPI broke ground on yesterday on a $75.6-million project that will feature 281 luxury rental apartment units and some retail space.