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LAWRENCE TWP, NJ-A victim of the telecom downturn, the fiber-optic provider will get $40 million from a key player in an industry that remains solid--pharmaceuticals.
DENVER-The design of $400.8-million Invesco Field at Mile High helps football fans create "Rocky Mountain Thunder" during Broncos games but steel treads and risers make for bad acoustics for rock shows.
SUGAR LAND, TX-Work is under way on a 2,800-acre, master-planned community in Ft. Bend County's Sugar Land. At least 50 highway frontage acres will house commercial and retail, with additional tracts interspersed throughout the project.
BOSTON-Spaulding & Slye Colliers releases its semiannual report that indicates drops in rent across the board. But while Cambridge and the suburbs saw significant dips, the city's drops were minor and are still not as low as they were less than two years ago.
LONDON-The National Housing Federation has charged the Government with not going nearly far enough to provide affordable housing as home prices have soared. In many parts of the country essential services are now at risk due to key workers' inability to pay inflated house prices.
BEAVERTON, OR-The stand-alone building at the 149,043-sf Cascade Plaza shopping center will be the second of at least five stores the Pennsylvania-based retailer has planned for the Northwest in the coming months.
PHOENIX-A nuclear medicine manufacturer has signed for a 7,000-sf R&D-flex spot in one of the Valley's hotspots for office and industrial growth. Building owner Panattoni is putting out the welcome mat for Nycomed Amersham.
SAN DIEGO-Following a failed merger with United Airlines, US Airways, looking to cut costs, is closing its Scripps Ranch reservation center, which employs 560 people and was recently sold.
NEW YORK CITY-With the market for class A office space getting softer by the minute, Midtown Manhattan stands tall as one of two top-10 markets to see rents rise, according to a new study released by CB Richard Ellis
SAN JOSE-Business leaders in Silicon Valley hold a press conference to express a need for solution to state-mandated rate increases, saying that companies are being driven out of the area.