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WILLINGBORO, NJ-The zero-interest loan is helping developer ReNEWal finish a new distribution facility as part of its effort to bring the old Willingboro Plaza back to life as Willingboro Town Center.
DALLAS-The Dallas-Ft. Worth region is leading the nation in job growth and another 80,000 positions are to come on line this year, says Holliday Fenoglio Fowler's research director. The office market might be in a temporary slump, but multifamily is not.
ORANGE, CA-A binding distributor has inked a $1.2 million lease at the North Orange Industrial Park, bringing the complex's occupancy level up to 100%. Industrial demand continues to soar in the county's tight market, especially from small to mid-sized users.
LONDON-The near boom conditions of last year may be over, but the UK business property market held firm in the first quarter of 2001, said the Royal Institution of Chartered Surveyors.
ORLANDO-The Legislature ran out of time and didn't consider the Charlotte-based company's request to legalize merchant power plants in Florida, a move vigorously opposed by market share leaders Florida Power Corp., Florida Power & Light Co. and Tampa Electric Co.
MIAMI-The locally based investment banking and real estate business firm and a majority shareholder close the sale of its securities broker-dealer operations in a cash-stock deal valued at an estimated $75 million.
ANN ARBOR, MI-Captec Net Lease Realty, which is still for sale, sees a 17% drop in revenue, while funds from operations stay the same in the first quarter, when it sold five properties and acquired six.
BREA, CA-The final phase of CIM Group's Birch Street redevelopment project is leasing up well. Including all phases, the redevelopment includes more than 500,000 sf of retail and entertainment space, about 200 homes and lofts, and parking for 2,880 cars.
GEORGETOWN, TX-Larry Peel is planning the final stage to Water's Edge, a 70-unit project that will deliver in spring 2002. And, he says, an upscale 50-unit condo project is in the works for a nearby parcel that he's negotiating to buy.