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LONDON-The British Government is considering a radical overhaul of the town planning system. Rather than being handled by the Department of Local Government and the Regions, however, the Treasury is taking the lead.
HOUSTON-Land buys are gaining in popularity with small business owners, who are buying less than 10 acres and building what they want. It's a growing trend, says a broker who's sealing deals in the city's brisk land market.
WALTHAM, MA-Boston Properties tops off the Waltham Weston Corporate Center here. The 304,000-sf office building, situated on the Waltham/Weston line near the Massachusetts Turnpike, will be available for occupancy this coming January.
WASHINGTON, DC-Fannie Mae announced plans to redeem 11 securities with a total value of $630 million on June 29, before their respective maturation dates. Redemptions are for principal value plus interest.
HOUSTON-The Willowbrook Building in north Houston has added two new firms to its tenant roster. Standard Insurance Co. and Seagate Technology LLC have signed for office suites in the multi-tenant structure owned by Revo Inc.
PORTLAND-After complaints from the biggest vehicle trip generators -- hotels, gas stations, big-box retailers and fast-food chains -- a less expensive street maintenance fee is headed back to the City Council this week.
MCLEAN, VA-Chip Ryan, a 20-year real estate industry veteran, comes to Cushman & Wakefield after nine years at Insignia/ESG, where he served as executive director of the company's McLean office.
GRAND PRAIRIE, TX-There's no room at the inn in a 170,100-sf manufacturing site in the Great Southwest Industrial Park. ServiceCraft is renewing for the short term and Wagner Industries, is returning for the long term.
AURORA, CO-The $12.2-million, 46,762-sf Rocky Mountain Lions Eye Institute opens at the new University of Colorado Fitzsimons Medical Complex. Billionaire Phil Anschutz funds the project with the Lions of Colorado and Wyoming.