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BOSTON-Legislators here attach an amendment to a landmark housing bill here that will enable many towns and cities in this state to be exempt from building additional affordable housing. The amendment allows mobile homes and apartments where state-subsidized tenants live to qualify as affordable housing.
LONDON-Central London offices, out of town retail and industrials in the East Midlands have been the top-performing property sectors over the past six months, according to the Catella regional rental indices.
CORAL GABLES, FL-The parent of BankUnited FSB closes on the sale today of 5.7 million shares of new stock priced at $12 a share. The proceeds will be used for expansion and acquisition purposes.
SAN FRANCISCO-The retailer signed a 10-year lease at 170 Maiden Lane. Sources say that Yves Saint Laurent chose the property at Maiden Lane mainly because of its location, which is right off Stockton Street in downtown San Francisco.
MINNEAPOLIS-Daniel Minissale will head the real estate developer and manager's catering and special events business at the historic Milwaukee Road Depot renovation project Downtown.
GERMANTOWN, MD-Tucon Construction Corp., based in Dulles, VA, has begun construction on an office and manufacturing building for Acterna, a technology company, to lease from joint venture company Milestone Industrial LC.
ATLANTA-Xceligent Inc. of Independence, Mo. is selling the Atlanta Commercial Board of Realtors software to open the Commercial Information Exchange by year end. The value of the contract wasn't disclosed.
GERMANTOWN, MD-Tucon Construction Corp., based in Dulles, VA, has begun construction on an office and manufacturing building for Acterna, a technology company, to lease from joint venture company Milestone Industrial LC.
CHICAGO-A 1.6-acre parcel at 1129 N. Elston Ave. as well as a 5.8-acre parcel at 3559 N. Rockwell St. are being eyed as possible sites for new parks. The city could acquire the property through eminent domain proceedings.
LONDON-A new survey from King Sturge finds UK retailers surprisingly optimistic about their trading prospects, but it reveals some strong differences of opinion between town centre and out of town retailers.