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  • City-Owned Rural Land Eyed for Development

    DETROIT-Northville and Plymouth Townships want to build on about 900 acres of

  • Sprint E/Solutions Center to Open March 30

    BOSTON-Sprint Corp. reports that its Sprint E/Solutions Internet Center, housed in 70,000 sf of space at 109 Brookline Ave., will open on March 30. The property is one of a number that will open across the country.

  • Popular New Dining Venue Opens in Suburb

    AUBURN HILLS, MI-The Ferndale-based trend restaurant moves past 20 new openings in US by opening near the campus of Oakland University. More store openings are planned in the near future for Boulder, CO and West Palm Beach, FL.

  • Private Investor Pays $11.8 Mil for Apartments

    TEMPE, AZ-A private investor has purchased a Tempe apartment complex for $11.8 million, which equates to more than $48,000 per unit.

  • Oakland Developer Restoring Auto Row

    OAKLAND-Steve Simi, who recently restored his own property, the Connell Jeep dealership at 3093 Broadway, is proceeding with plans to restore the 85-year-old Triangle Building in the heart of the car dealership district.

  • Portman Wins Key Design Contract in Taiwan

    ATLANTA-With an Asian presence since 1977, locally based John Portman & Associates and Portman Development will be analyzing commercial development sites at five stations for the $14-billion Taiwan High Speed Railway project, the world's largest venture of its kind.

  • CNF Transportation Negotiating for Leland James Center

    PORTLAND-The 12.25-acre property, valued at $22 million, includes a 139,000-sf administration building, a 51,000-sf truck shop, three fourplex apartment buildings and a house. The seller is Consolidated Freightways, from which CNF spun off in December 1996.

  • Peevles Pays $2.1 Mil for Eight Stage Store Leases

    HOUSTON-Stage Stores should emerge from a Chapter 11 in the summer, says a court-appointed disposition agent. Part of the restructuring calls for property dispositions, of which eight leases yesterday fetched $2.1 million.

  • New Sunterra Funding Could Pull it Out of Hole

    ORLANDO-A US Bankruptcy judge first has to approve a $210-million deal with Greenwich Capital Financial Products of Greenwich, CT that would pay down some of the $850-million debt load and allow the once high-flying time share company, now under Chapter 11, to reboot its sales operations.

  • Bank of America Starts New Marketing Approach

    COLUMBIA, SC-The institution now names 'go-to' executives in specialized areas such as commercial lending. The move is being made to increase staff performance.