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DALLAS-Keystone Strategies USA is looking to spend $50 million to $75 million in the next 12 months for its foreign investors. Dallas and Atlanta are at the top of the list, with deals pending in both cities.
BOSTON-A bill that would enable towns to allow development rights to be transferred from one parcel of land to another was introduced in the state legislature here. Three towns in the state permit the transfer to preserve local forests and farmland.
PHOENIX-A Honolulu investor is hawking his Phoenix apartment complexes in a plan to pump proceeds into buying a Washington state hotel. R. Blake Johnson already has secured $4.7 million for one complex and has a $4-million sale pending, says the broker.
LONDON-Marks & Spencer, the UK's number one general retailer, is to pull out of its central London headquarters on Baker Street, London W1 and move to Chelsfield's Paddington Basin development.
MAPLE GROVE, MN-Carl Zeiss IMT Corp. will be the lead tenant in the Bass Creek Technology Plaza being marketed and developed by United Properties on behalf of site owner Lutheran Brotherhood.
DETROIT-Well-known financier of Detroit development Max Fisher earns praise from Wayne State University, which gives him an honorary Doctor of Laws degree for his commitment to economic, cultural and charitable causes.
ORLANDO-George D. Livingston, a longtime Central Florida developer, landowner and member of Virginia-based Corfac International, reviews for GlobeSt.com the pluses and minuses of CBDs, SOPs and CCs.
AUSTIN-The ongoing wave of California companies opening Austin offices continues. This time, Transwestern Commercial Services has snagged the tenant, California Micro Devices. The firm will occupy its Park Forest spot in July.
COSTA MESA, CA-A locally based developer has acquired a 1.6-acre parcel in Costa Mesa, in a deal valued at $1.3 million. The company plans to build a 26,000-sf office and retail project on the site.
MIAMI LAKES, FL-The New York-based firm is expanding its Latin American and Caribbean headquarters operations from its suburban Miami Lakes offices totaling 70,000 sf.