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ORANGE COUNTY, CA-A group urging conversion of the closed El Toro Marine Base into a sorely needed commercial airport unveils an unusual TV ad campaign featuring a money-munching rabbit. It's a direct shot at other groups lobbying for a giant park.
TROY, MI-Green Group, known for its expertise in retail real estate consulting, is now known as Market Insight, the local office of Sausalito, CA-based Location-Net Inc. Owner Jeff Green moves to San Francisco.
LOS ANGELES-Private investors have agreed to pay $3.5 million for the Raymond Theater in Old Pasadena. They plan to reopen the abandoned building as a performing arts venue.
BINGHAM FARMS, MI-The company sees FFO down by nearly 25% in the first quarter. It also has hired finance company to explore its debt options and continues its stock buy-back program.
DALLAS-A 66-year-old architectural firm, based in Chicago, has signed a 10-year lease for the 20th floor and penthouse of Phase IV of Harwood International Center in Dallas. It is the firm's first Southwest US office and 10th in the nation.
ORLANDO-State Sen. Charles Bronson, of Satellite Beach, FL in nearby Osceola County, is resigning his Republican Party seat Monday to move into the agriculture commissioner's suite in Tallahassee.
ROUND ROCK, TX-Location, location, location is what real estate is all about. Local businesses are counting on Round Rock's ongoing prosperity as talks continue with Interchange Business Park owners for more than half of the vacant parcels.
GROVELAND, FL-The 10-year-old, 160-acre Casa de la Loma, or House on the Hill, which has all the trappings of a miniature Hilton or Marriott Hotel, also has a taxable value of $2.7 million. The June 5 sale is expected to generate at least $5 million.
PHOENIX-McCarthy Building Cos. has snagged the state's first design-build project under legislation passed last year. The $34.5-million Arizona State Civil and Behavioral Hospital breaks ground in August.
SACRAMENTO-The state of California's Department of General Services signs an 18-year lease for all of the 319,484-sf Ziggurat Building in West Sacramento. The agency will consolidate employees spread out among several area buildings.