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MONROE TWP., NJ-The latest transaction brings the Carnbury, NJ-based developer/owner's industrial activity to the three million-sf mark, all of it in Central New Jersey's Exit 8A submarket.
WHITE PLAINS-White Plains Mayor Joseph Delfino says the $250 million Cappelli project at the former Macy's site here could receive final approvals by as early as this August.
WASHINGTON, DC-The former controller of Nashville-based Corrections Corp. of America, his wife and a friend settled with the SEC without admitting any wrongdoing and agreed to relinquish profits plus pay penalties.
FERNDALE, MI-The suburb increases fines for civil infractions to buy land and build a new law facility, an idea copied from Royal Oak. It is expected to bring more than $108,000 a year to pay the cost, which could be as much as $3 million.
SEATTLE-The district purchased the 350,000-sf building in 1999 from Lowe Enterprises for approximately $12 million and in it plans to combine a variety of operations. It plans to spend an estimated $20-$26 million on the remodel.
DENVER-GlobeSt.com learns Matrix Capital Bancorp is the buyer for the unique looking building next to the Colorado Convention Center. But the deal may be in jeopardy if the city condemns it for the $268-million expansion of the convention center.
SEATTLE-Seattle Federal Home Loan Bank has re-elected Dick Swanson to its board of directors. Swanson is chairman and chief executive officer of the regional bank HomeStreet, formerly Continental Bank.