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WASHINGTON, DC-Activists seeking the removal of a National Association of Home Builders employee from the board of Pacifica radio network, plan to protest here and in cities throughout the country today.
BOSTON-Noddle Development LP begins the regulatory approval process to develop Clippership Wharf, a 13-acre parcel here in East Boston. The company, a partnership of Winn Development Corp. and the Related Cos., wants to develop a $190-million condominium complex here.
SIGNAL HILL, CA-Privately held F&B Properties buys 74,453-sf Walnut Avenue Business Park from advisory giant Rreef. Sale price works out to a 9.3% cap rate.
BOSTON-Local developer Frank McCourt is going to bid on the Boston Red Sox. The new controlling owner of the team will most likely decide where its new ballpark will be and McCourt has been touting his waterfront property here in South Boston as the perfect location.
TAVARES, FL-Despite residents' objections, Lake County's planning and zoning commission gives the green light to the Reston, VA-based telecommunications provider to erect a 100-foot, $500,000 structure near the sprawling Danny Len Buick-Pontiac GMC showrooms off U.S. 441 north near Eustis, FL, 32 miles northwest of Downtown Orlando.
SAN FRANCISCO-The communications company is added to a handful of companies that have a green light to sell broadband services to the myriad tenants within Shorenstein Co.'s 25 million sf of office space.
AUSTIN-An Austin broker closes a 9,000-sf lease renewal while a San Antonio pact adds extra space for another tenant. In Austin, a well-known charity health service is staying put in the Texas Professional Educators building.
PEARL RIVER, NY-Wyeth-Ayerst, a division of American Home Products, has expanded its presence in Rockland County with a lease for 84,000 sf of space at the Blue Hill Plaza office complex here.
BLOOMFIELD HILLS, MI-The mega-mall REIT says it raised funds from operations 9.7% in the second quarter compared to last year, despite sales being down across the portfolio. Income, however, jumps 25%.
CHICAGO-The merger of Michael Best & Friedrich and Schwartz & Freeman creates a firm with 100 attorneys and requires a 29,412-sf lease expansion at 401 N. Michigan Ave. The new firm has 66,416 sf in the Equitable Life building.