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MINNEAPOLIS-The bank makes substantial investments in economic development in neighborhoods that had few other alternatives, says the Office of the Comptroller of the Currency.
LONDON-The negative sentiment surrounding UK retail property has been overstated, according to new research from agents King Sturge, and the sector now presents a significant buying opportunity.<
SACRAMENTO-Grubb & Ellis Company here and the Chicago-base Maritime Trust Company have formed an exclusive consulting agreement with the Port aimed at operations diversification and recruitment of labor-intensive waterway users to this capital city port.
SEATTLE, WA-It's been said that obtaining information from Boeing Realty, such as firm pricing, availability and intended uses for its sizeable surplus of properties is like stapling Jell-O to a wall. Boeing Realty President Phil Cyburt responds.
ORLANDO-The 55-year-old, locally based precast concrete specialty firm is breaking ground in August on an innovative seven-story, 230,000-sf mixed-use building that will house five floors of parking, one level of retail and two floors of student dormitories for Palm Beach Atlantic College.
BOSTON-A top union official states that the International Brotherhood of Electrical Workers is interested in investing in the headquarters hotel next to the convention center. The hotel has had difficulty in securing financing.
ATLANTA-Commonwealth Commercial Properties is breaking ground in May on Overlook Distribution Center, a 170,000-sf project on 11 acres along Horizon Parkway at Interstate 985. The estimated $60 million structure is targeting a November completion.
SEATTLE-A new suspension technology developed by the Seattle structural and civil engineering firm of Skilling Ward Magnusson Barkshire should support a planned new federal courthouse here in the event of an explosion.
DENVER-MSAS Global leases 43,063 sf at Stapleton Business Center, Applied Industrial Technologies renews 42,502 sf at the Havana Business Center and Gard' n-Wide Distributors stays five more years in 25,902 sf at 11633 E. 51st Ave.
LYNN, MA-Arbor Commercial Mortgage LLC funds second mortgages and loans to finance the acquisitions of properties here and in Cambridge and Everett. The New York-based company, which has a Boston office, services over $1.5 billion in loans.