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LONDON-Stanhope and Morley Fund management have been granted detailed consent for the first two buildings on their 600,000 sf business park in Hemel Hempstead, Hertfordshire.
PORT ORCHARD, WA-The City Council has unanimously agreed to ban gambling in the city, joining more than 50 other cities in the state that have taken similar action, including nearby Poulsbo and Tacoma.
SUNNYVALE, CA-Yahoo subleased the space, which it occupied for 18 months, for all fives years left on its master lease. Oak plans to move into the space in early November.
HOUSTON-United Investors Realty Trust shareholders will vote Sept. 21 on a proposed merger with Equity One Inc. of Florida. The financially troubled REIT, based in Houston, will mail proxy materials in early August to eligible voters.
NORTH HOLLWOOD, CA-Jerry H. Snyder will present his latest plans for the area's NoHo Commons redevelopment project at a public hearing. The project has been reduced by more than two-thirds since it was first proposed three years ago.
LAKE STEVENS, WA-The Minneapolis-based Target will mark the first business to open at Lake Stevens Station. The grand opening is slated for Sunday at 8 a.m.
CHARLOTTE-AvidXchange plans to introduce new software in August targeted at commercial real estate and property management companies. Cleveland-based Management Reports International will help market the procurement products. Terms of the deal were not disclosed.
SAN DIEGO-Multiple Peptide Systems Inc. has acquired a 52,278-sf industrial building, situated on 2.23 acres, in the Cabot, Cabot and Forbes Industrial Park. Liquori, Liquori and Liquori LP gets $3 million for the 27-year-old building, due for a major rehab.
BOSTON-The most recent site reportedly being considered as the Boston Red Sox's new home is right next to South Station here. This is the latest in a series of potential sites that bidders for the team are contemplating.