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DENVER-United Artists Theatre Co. emerges from bankruptcy with first-quarter net earnings before extraordinary items of $1.1 million compared with a $10.4 million loss during the same period a year ago.
CHICAGO-Prime Group Realty Trust announces first-quarter funds from operations were down 27.4% to $0.43 per share in the first quarter. Meanwhile, its 8-million-sf suburban office and industrial portfolio remains unsold.
DENVER-Rocky Mountain HDC Inc.'s 60-unit Arapahoe Green in Arapahoe County is designed to address the need for affordable housing in metro Denver. Families with incomes at or below 60% of the area median income are targeted.
LANHAM, MD-Group 1 Software extended and expanded its lease in EastPoint, a 122,000-sf class A office building owned by Mack-Cali Realty Corporation. The software company wants an additional 14,000-sf for an expansion.
LONDON-Hammerson has decided to start construction on a 208,000 sq ft office scheme at 1 London Wall, EC2, making it one of the capital's biggest speculative office schemes.
LOS ANGELES-A venture of privately held developer Caruso Affiliated Holdings and Invesco Realty Advisors will target shopping centers and street front projects that need re-tenanting or remodeling.
ORLANDO-Captain D's of Nashville, TN and Fired Up Inc. of Austin, TX are two of the newest players separately trying to build market share and break in on the local turf. They may be shocked at the sticker prices on some of the prized dirt, area brokers tell GlobeSt.com.
WESTMINSTER, CA-The Automobile Club of Southern California has signed on for 67,7080-sf of warehouse space in Westminster. The Newport Beach-based organization plans to use the build-to-suit facility to store records.
CHICAGO- Columbus, OH-based Pizzuti Cos. vice president of sales and leasing Bill Baumgardner says "The activity is very strong with the big-box users -- 500,000-sf or more...the quality of the companies looking has been very good.