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LONDON-Department store group Allders has taken a 100,000-sf store on Oxford Street for its first Central London branch. The store, at the western end of the street, was formerly the UK flagship of the Dutch C&A fashion chain.
ST. PAUL, MN-The city comes through with a $12-million-plus bridge loan after the Minnesota Legislature's property tax reform reduces the tax increment financing aid by nearly $3 million.
SAN DIEGO-Sundt Construction has finished an 87,000-sf office building and adjoining parking structure on El Camino Real. The project is valued at $10 million.
WASHINGTON, DC-The survey looks at the nine largest servicing companies in the sector. Midland led the way with a portfolio of $45.1 billion. GMAC Commercial Mortgage did far better, but declined to participate in the association's research.
MIAMI-A new proposed land-use classification could give pharmaceutical companies greater choice over the site-selection process for the construction of human-testing facilities in Miami-Dade County.
CEDAR RAPIDS, IA- Amanda McKnight's duties include budgeting for properties, tenant relations, lease documentation. She is a volunteer on a group planning activities to draw people to Downtown Cedar Rapids.
ORLANDO-The locally based owner/operator of 109 celebrity-themed restaurants in 40 countries reports total first-half revenue of $185 million, up $4.3 million, but same-store sales at company-owned locations were down 3.5%. European locations are reporting strong sales.
LONDON-Planning Minister Lord Falconer has reiterated the government's determination to use the planning system to enforce sustainable development. And he intends to use new technology to speed up the system.
LOS ANGELES-Built in 2000, the 17,000-sf facility has replaced the Pussycat, which was Santa Monica's last standing adult venue. . The new facility has 22-ft ceilings, exposed wood trusses, mezzanines, skylights and a roof deck.