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GRESHAM, OR-The Torrance, CA-based retail developer and owner of several local shopping malls is expected to announce a major anchor tenant for a new mixed-use development here, and well as the relocation of its headquarters to the project.
KANSAS CITY-Two more alleys are shutting down their lanes, leaving 27 in the market. That's down from an all-time high of 55. Financial reasons and a lease non-renewal are blamed for the most recent closings.
ALBANY, NY-Legg Mason Real Estate Services has arranged two mortgage loans in Albany and in the Rochester area totaling $4.7 million in financing. One property is industrial and the second is retail.
MIAMI-The team awaits the outcome of today's special city commission meeting to learn whether elected officials make a decision on a final site selection.
CHICAGO-"People who let their facilities be used for drug parties should be criminally liable," says the Mayor. "An wner might think twice about allowing drug use on his property if he knew he could end up going to jail.
CHARLESTON, SC-A leading economist predicts a healthy job growth of 2% will keep the state in continued good economic health. Continued slowdowns in technology and textiles could weaken performance, however.
HOUSTON-The Energy City will have a formidable place in the "New Geography," says a best-selling author. The digitization of the energy industry will make Houston equal in stature to Los Angeles as a high-tech center for the entertainment business.
NORTH READING, MA-Footwear Acquisition Inc. proposes purchasing Converse for $117.5 million. The locally-based sneaker maker filed for Chapter 11 bankruptcy protection in January and it recently sold its headquarters here for $15.1 million.