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KENT, WA-Two grocery companies this week announce they will be delivering nearly 700,000 sf of distribution space back to the Kent market. Scott Alan, an industrial expert with Colliers International talks about the impact and the market's status.
AUSTIN-A high-tech document retrieval and archival company has opened a second Web hosting facility in Austin. This time, it's the CBD. EPSIIA's next stop is Kansas City in a bid for its fourth US location.
HOLLYWOOD, FL-The locally based commercial real estate development company readjusts the marketing strategy at two of its LightSpeed facilities as demand weakens in the South Florida market for space as pure data centers.
ORLANDO-Real estate investment brokerage sources following the six-month-old controversy tell GlobeSt.com a deal will be struck in the next 90 days to build a new $250 million basketball court for the 11-year-old NBA team.
LONDON-St Modwen Properties will be starting its regeneration of Edmonton Green shopping centre this Summer to provide one of the largest suburban shopping centres in London.
DENVER-A stalemate between the Republican-controlled house and the Democratic-run Senate during a special legislative session paves the way for other growth initiatives on the ballot this November.
LONDON-Millennium & Copthorne Hotels has formed a global strategic marketing alliance with Germany's Maritim Hotels to form a global brand with a combined portfolio of 128 hotels with almost 35,000 rooms in Europe, the USA and Asia.
PENNSAUKEN, NJ-Barbara Snyder, owner of the South Jersey Regional Airport in Lumberton, NJ, sold her mixed-use building on Magnolia Avenue here to Global Property Management, based in Medford, NJ. The purchase price was $170,000.
ATLANTA-A merger with either SunTrust Banks Inc. or First Union Corp. could dump an undetermined chunk of subleased space on the Downtown market, brokers studying the effects of the pending transaction tell GlobeSt.com on condition of anonymity.
NEW YORK CITY-The first of the studio, one- and two-room bedroom apartments will be located in the Financial District with others planned for Midtown. The company now operates in 24 cities, Canada and the UK.