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HOUSTON-A global logistics provider has inked a 19,200-sf lease for industrial space at Houston's Interwood Business Center. The German-based freight forwarder maintains more than 225 locations worldwide.
RALEIGH, NC-The state's economy will decline by 2% this year but lower interest rates will improve conditions later, a North Carolina State University economist tells GlobeSt.com.
WOODINVILLE, WA-Constellation Brands' Canandaigua Wine division paid $52 million for Corus Brands Inc., owner of Columbia Winery in Woodinville, Covey Run Winery in the Yakima Valley and other, lesser known brands.
SAN FRANCISCO-The economy may be slowing, but the real estate law firm Steefel, Levitt & Weiss is accelerating. The locally based firm has hired eight new attorneys to handle its growing business.
BOSTON-President George W. Bush stands by the executive order he issued to ban project labor agreements. This could dissolve the agreement on the Big Dig, which has managed to avoid labor disputes and work stoppages.
SOUTHFIELD, MI-The REIT manages more than $42.2 million of real estate assets, with a business center branch here as well as full-service regional branches in Southfield, Birmingham and Grosse Pointe Woods.
WASHINGTON, DC-In another survey aimed at showing the dangers of allowing banks to enter real estate, the NAR says the proposal has four out of five homeowners worried about their privacy. Congress will hold a hearing on the proposal next week.