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DALLAS-The Children's Medical Center of Dallas is on line as the nation's first medical facility with mobile monitoring arms in a just completed first phase of its ICU expansion. Centex Construction is steering the project, which also calls for two more floors
SAN DIEGO-A locally based real estate investment trust announces that the top executive for what was once its largest shareholder has resigned from its board of directors.
LONDON-Central London residential property has outperformed commercial property, equities and Government bonds over the last year, five years and eight years. Last year total returns reached 17.9%.
NEWPORT BEACH-Locally based Koll Development Co. has landed a new tenant for its industrial complex in Rancho Cucamonga, as Panolam Group Inc. has inked a deal for 97,310-sf there.
ATLANTA-The New York-based rating service cites the state for strong revenue growth and expenditure control, a credit standing that will be watched by corporate relocators, commercial real estate watchers note.
SOUTH HACKENSACK, NJ-The express package carrier will completely renovate the former Marschall food distribution facility for use at its Northeast distribution center. Alexander Summer arranged the transaction.
HOUSTON-US Concrete, considered the nation's sixth largest supplier, has finalized buys in Dallas-Ft. Worth and New Jersey. The acquisitions are add-ons, says a company source, to existing holdings in both regions.
LONDON-Southwark, on the south bank of the Thames, has outstripped all other areas of London with a 5.8% leap in house prices in May 2001, and a 9.4% uplift in the first half of the year.
LONDON-CB Hillier Parker's latest UK Rent and Yield Monitor shows property values falling in West End offices and high street retail. Occupier demand is patchy and rental values have eased back in some markets.
LOS ANGELES-Entertainment giant kills the once-touted DisneyQuest concept and will close its Chicago-area facility. The company had planned to open 20 of the indoor parks around the world.