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HOUSTON-The city's industrial sector has landed three lease deals for a combined 50,506 sf. The tenants are taking warehouse space in the Central Distribution Center, Interchange Business Center and N. Shepherd Drive.
ATLANTA-The metro area will add only about 28,000 jobs this year, less than half of last year's total, predicts Rajeev Dhawan, Georgia State University's chief economic advisor and director of the school's Economic Forecasting Center.
BOSTON-After over a year of planning, the Massachusetts Turnpike Authority unveils its plan for the Central Artery corridor--the land that will be exposed in the heart of Downtown once the Big Dig puts the highway underground.
DALLAS-Baker Commercial Realty and Binswanger/CBB are hitting the streets in marketing efforts for two new assignments. Baker Commercial gets Southlake's Aventerra and Binswanger, a high-end Rio Grande industrial building.
NEW YORK CITY-The Carlyle Group and JP Morgan Partners have signed a lease with Williams Communications, a fiber-optic broadband and network company, at their Atlantic Telecom Center in Brooklyn.
LONDON-Specialist retail warehouse developer Grantchester has formed a new property fund with West Coast Capital, the private equity fund set up by retailer Tom Hunter.
DALLAS-Keystone Strategies USA is looking to spend $50 million to $75 million in the next 12 months for its foreign investors. Dallas and Atlanta are at the top of the list, with deals pending in both cities.
BOSTON-A bill that would enable towns to allow development rights to be transferred from one parcel of land to another was introduced in the state legislature here. Three towns in the state permit the transfer to preserve local forests and farmland.
PHOENIX-A Honolulu investor is hawking his Phoenix apartment complexes in a plan to pump proceeds into buying a Washington state hotel. R. Blake Johnson already has secured $4.7 million for one complex and has a $4-million sale pending, says the broker.