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ALBANY-A new program will restore unoccupied or under-utilized parcels contaminated with industrial waste so they can be used as sites for business/commerce parks or industrial/distribution facilities. To qualify, properties must have a skilled workforce located nearby as well as access to transportation.
NEW YORK CITY-MetLife and city officials announced the company will keep 270,000 sf of the 1.4 million sf headquarters it established on Madison Avenue in 1909, but will also take 404,000 sf in Long Island City.
SOUTHFIELD, MI- Steven G. Gordon joins fellow real estate professional Robert DeMattia, president and chief executive officer of his own commercial and industrial development company, in overseeing his alma mater.
MINNEAPOLIS-Xcel wants to avoid paying some $20 million to move its underground facility at Fifth Street in Downtown that is in the way of the $675-million light rail line, so it is appealing a federal judge's order.
LIVONIA, MI-Kojaian Cos. purchases a 335,239-sf office complex along I-275, beating out three other offers generated by CB Richard Ellis for the buildings Prentiss Properties Trust purchased in 1997.
BLOOMINGTON, MN-"Cereal Adventures" will feature food products from the big cereal maker and give some of the 43 million visitors a year at the Mall of America a chance to pose for the cover of a souvenir Wheaties cereal box.
MIAMI BEACH, FL-American Riviera Real Estate settles for $120 per sf in response to an eminent domain action over the site of a proposed regional library in this celebrity-themed city, five miles east of Downtown Miami.