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PORTLAND-As CEO Hank Ashforth and new president Scott Langley work on fattening up the company's West Coast portfolio, 30-year industry veteran Bill Barendrick is brought on as the senior vice president responsible for managing the assets and increasing the company's third party management business.
KANSAS CITY-Business Men's Assurance Co. of America, the owner of the BMA Tower, says improvements are necessary to attract new tenants. The 38-year-old building would be only 50% occupied by this time next year, BMA says.
ANTIOCH, CA-Brentwood farmer and developer Bob Nunn cleared the second hurdle en route to seeing the project approved when the city council voted four-to-one in favor of the draft development plan.
DETROIT-Better amenities are being used to lure business travelers to keep using Northwest Airlines, says a spokeswoman. It is part of the $1.2-billion terminal project that takes up more than one mile of space.
NEEDHAM, MA-Newtown Senior Living LLC reports that it has entered the Connecticut market with the $6.3 million acquisition of Brighton Gardens, a 117-unit assisted living facility in West Hartford, from Marriott Corp.
NEW YORK CITY-Yesterday afternoon, March 22, city officials were on hand to witness the last garbage deposit at the Fresh Kills Landfill. With its retirement comes remediation and the call for a Master Plan for its future.
SAN FRANCISCO-A spokesman for 50% owner Shorenstein Co. says there likely won't be any announcements until a purchase and sale agreement is signed. Equity Office Properties and oil tycoon Marvin Davis are reportedly submitted two of bids being considered.
PHOENIX-After lying dormant for more than five months, demolition resumed on the site where a $575-million redevelopment project will be built in south Scottsdale.
BOSTON-A biotechnology company based in Toronto is currently seeking industrial space here for a laboratory facility, according to company officials. It has recently expanded to Odense, Denmark with the opening of a new facility there.