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London-The London Stock Exchange has ended speculation that it was planning a move to Docklands by signing a lease at Mitsubishi Estates' Paternoster Square in the City of London.
CHICAGO-Builders Bank's Chairman and CEO Michael Winter is aiming to loan $300 million to entrepreneurial real estate developers before year's end. He ran a $1-billion portfolio at First Bank/Illinois.
TOLLESON, AZ-Banker Insulation is planning ahead for a forced relocation due to a runway project at Sky Harbor Airport in Phoenix. The building materials supplier has just paid $420,000 for six acres to build a 30,000-sf to 40,000-sf warehouse in Tolleson.
FRIENDSWOOD, TX-A Ft. Worth-based child-care provider has bought a 52,660-sf pad site at Autumn Creek in Friendswood for its first Houston-area location. A 10,000-sf center will deliver in early August.
DENVER-The largest proposal is an estimated $300 million for a new city and county jail. The Denver Health Medical Center wants $100 million to add two floors and the Auditorium Theatre wants $65 million to expand seating.
DENVER-The global provider of distribution services and facilities agrees to sell nine temperature-controlled distribution facilities to Nordfrost GmbH. The sale generates $36 million in proceeds but a $1 million book loss.
BINGHAM FARMS, MI-Retail REIT Malan Realty Investors Inc. declares a dividend of $0.25 cents per share, down from $0.425 per share for the quarter ending March 30 from operations of a 5.9-million-sf portfolio.
SAN MATEO, CA-BridgeSpan Inc. CEO Mark Evans tells GlobeSt.com that the industry's response to its online closing services--rapid growth of closing activity in each new market opened--shows his company is providing a necessary service.
ESCONDIDO, CA-After poring over Census data and reviewing hundreds of cities across the United States, the national magazine's editors chose Escondido, Edisto and Seanbrook islands, SC; Eugene, OR; Hanover, NH; Oxford, Miss. and Tucson, AZ.
TEMPE, AZ-Carol Warner is the new president and COO of Tempe-based Johnson Carlier. She is the current president of the Arizona Builders Alliance and one of the few of her gender to reach such professional heights in the contracting world.