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PENNSAUKEN, NJ-Barbara Snyder, owner of the South Jersey Regional Airport in Lumberton, NJ, sold her mixed-use building on Magnolia Avenue here to Global Property Management, based in Medford, NJ. The purchase price was $170,000.
ATLANTA-A merger with either SunTrust Banks Inc. or First Union Corp. could dump an undetermined chunk of subleased space on the Downtown market, brokers studying the effects of the pending transaction tell GlobeSt.com on condition of anonymity.
NEW YORK CITY-The first of the studio, one- and two-room bedroom apartments will be located in the Financial District with others planned for Midtown. The company now operates in 24 cities, Canada and the UK.
WEST PALM BEACH, FL-The fast-growing, locally based title company expects to reduce its settlement-services costs by licensing Internet-accessible software from Texas-based Expeditrix. West Palm Beach is 67 miles north of Miami.
NEW YORK CITY-The arrangement will enable Insignia's clients to dispose of their surplus and underperforming commercial real estate at up to full value. Properties are acquired for trade credits that can be used to buy media, goods and services.
WALNUT CREEK, CA-Trigger Reital is the company's new assistant director for research in the outer East Bay, but also will assist brokers Scott Ellis and Curt Scheve in leasing and selling office and R&D properties.
ROMEOVILLE, IL-A 77,729-sf warehouse and distribution facility at Windham Industrial Center IV is leased by Toronto-based Transpeed Integrated Logistics,making the 500-acre corporate park 100% leased.
SAN DIEGO-The county board of supervisors is considering a set of conditions that would have to be met in order for Indian tribes to secure liquor licenses at their casinos.
BOSTON-In the midst of relentless concerns surrounding the proposed convention center in South Boston some good news: more taxes and fees designated to partly fund the $800-million center are being collected than was originally anticipated.
SOUTHFIELD, MI-The absorption skills of the Motor City office markets, both Downtown and the suburbs, will be tested in 2001, according to a first-quarter report by Marcus and Millichap.