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ORLANDO-High-tech warehouses at or near a market's best surface transportation routes have always been in demand, but now more so than ever. That's because the national energy crunch is increasing shipping expenses in some areas, brokers, developers and owners tell GlobeSt.com.
SAN DIEGO-A pair of merging REITs have announced the date and location of their respective annual stockholders meetings -- where they are expected to finalize their transaction.
HOUSTON-APC Holdings has closed a $4.4-million loan to develop a 33 1/2-acre parking facility at the Bush Intercontinental Airport in Houston. Holliday Fenoglio Fowler's Houston office has arranged the financing through a life insurance company.
BRIDGEWATER TWP., NJ-The addition of Bloomingdale's to the anchor mix, replacing the shuttered Stern's, has sparked a major expansion and cosmetic makeover of the 900,000-sf asset.
LOS ANGELES-The 52-unit West Covina facility has been purchased by Nijer Realty. Multifamily product continues to attract investors, as this sector remains strong despite the shaky economy.
NEW YORK CITY-Utility giant KeySpan and the former owner of a family-run contracting firm it bought last year are locking horns over the contractor's claim that he has yet to receive the bulk of the agreed-upon purchase price.
FRANKLIN, MA-Town planners here propose establishing an office-zoning designation that would allow for service and retail as well as office space but would prevent medium and heavy industry from being developed in these districts.
AUSTIN-Boston's Intercontinental Real Estate has made its second Austin buy in nearly two months. This time, the firm has acquired the Stone Creek Plaza I and II, totaling 240,000 sf. The buyer's acquisition director says it's here for the long-term.
HOUSTON-The attorney of a flood victim, who drowned June 9 in the elevator of the Bank of America building, draws a parallel to a fire in filing a gross negligent lawsuit against building owner Hines Interest and Setec Protection.