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DALLAS-Trammell Crow is positioning itself for "slow, steady" growth while implementing cost-cutting measures. The decision spells office consolidations and job cuts of less than 5% of its 7,300-member workforce.
WATERTOWN, MA-Harvard University confirms that it is interested in acquiring the Arsenal on the Charles River here. Local officials are concerned that it could lose significant tax revenue if the university converts the 30-acre office complex into a campus.
BEND, OR-Both the Eugene, OR-based Pape Group and Utah-based Powdr Corp. have $20,000-a-share purchase offers before the resort's estimated 200 shareholders. Pape wants to improve on its existing 23% ownership. Powdr wants to add to its resort holdings with a majority share.
SAN DIEGO-Despite a softening local economy, companies will continue to hire workers at a healthy clip this spring, according to the latest poll released today by Manpower Inc.
CHARLOTTE-North Carolina has already spent $13 million and expects to pay $10 million more to private landowners for the Greyhound bus terminal site where the new five-platform structure will be built.
PORTLAND-Occupancy dropped last year as the market continued to soak up five new hotels in the past four years. So far this year, hoteliers in select areas are sounding a little happier. Then again, more hotel rooms are on the way.
SAN ANTONIO-A New York-based asset disposition firm is hawking HomePlace leased sites at La Plaza Del Norte and Fiesta Trails. Each location is 53,000 sf and is ticketed to go in line with a Chapter 11 bankruptcy reorganization that has 38 sites in 17 states up for grabs.
JERSEY CITY-A developer is seeking a tax exemption for the first of two high-rises it plans for a site near the Harborside Financial Center on the Hudson River waterfront.