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MORRIS PLAINS, NJ-Approvals must be granted first, but 116 residential units are planned to replace the 75-year-old factory, which closed down three years ago. The project will cost $18 million.
WASHINGTON, DC-The nation's housing policy is out of step with the growing "renter by choice" trend, according to the National Multi Housing Council's joint legislative program and the National Apartment Association.
HOUSTON-Military Industrial Supply has renewed its spot at ProLogis' 9402 N. Loop East, an office-warehouse structure. Caldwell Watson and an in-house ProLogis rep, based in Houston, have negotiated the deal.
NEW YORK CITY-The National Association of Realtors has already demonstrated most consumers believe the federal government should not allow banks to own real estate brokerages. Brokers contend it is the customers who will suffer.
ST. CLOUD, MN-A jail video visitation reduces staff time while expanding visiting opportunities. Video teleconferencing allowed the visitors center to be built outside the secured perimeter of the jail.
NEWARK-The deal would link up the energy systems of New Jersey's largest utility company and the major Midwest utility for a price tag estimated by observers to be in the $5.6 billion range.
SOUTHEAST KANSAS CITY, MO-As many as 40 trains a day block the entrance to an industrial off 75th Terrace, sometimes for as much as an hour at a time. The issue to be addressed at March 28 conference.
PHOENIX-Declining demand for semi-conductor chips has forced Intel to reduce its worldwide staff by 10%, but a multi-billion dollar fabrication plant now under construction in Chandler will be completed by year-end.
MANASSAS, VA-Lincoln Technology Institute paid $3 million for schools in Las Vegas and Norcross, GA, from Computer Learning Centers Inc., which is in the middle of bankruptcy liquidation.
ATLANTA-The 35-acre purchase brings the 310 acre, north Gwinnett center close to the start of construction. Brand Partners paid Chris Doughtie $3.5 million or $100,000 per acre ($2.30 per sf) for the dirt.