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MIAMI BEACH, FL-Elected city officials extend the deadline in an existing settlement agreement over a $100 million hotel renovation and expansion plan. The development group and the city are jointly defending third-party challenges to the settlement.
WILLINGBORO, NJ-The township is teaming with ReNEWal Realty to replace a defunct strip shopping center with a combination of retail, offices and residences, and even a college campus.
FORT LAUDERDALE, FL-Since joining the San Francisco-based firm in 1982, Gene A. Berman has risen from a sales associate to regional manager and now to first vice president.
DETROIT-The Michigan Economic Development Corp. provides funds to put land together in the I-94 Industrial Park and help lure six light industrial and manufacturing firms a 150-acre city Renaissance Zone.
MIAMI-The locally based provider of communications and energy infrastructure services expects to post earnings per share lower than the second-quarter market forecast.
LOS ANGELES-The 79,875-sf complex has fetched $5.4 million, as the county's industrial market continues to tighten. As investors scramble to scoop up available properties, developers are jumping to bring new industrial projects online
FARMERS BRANCH, TX-Lasting Products and Texas Wholesale Building Materials made a perfect match in a recent deal for a 267,000-sf industrial site. The seller leases back 40,000 sf and the wholesaler adds about 90,000 sf plus stays in the same submarket.
ROUND ROCK, TX-ORDA Corp., based in Dallas, has bought the 183,547-sf Renaissance Square Shopping Center in Round Rock. The tenant roster includes an antique shop and Blockbuster. The buy is ORDA's first in this region.
INDIANAPOLIS-Vice Chairman Ray Weeks is leaving Duke-Weeks Realty Corp. "to pursue other interests." He spent more than 25 years with Weeks Corp. before its July 1999 merger with Duke Realty Investments.