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SAN FRANCISCO-The Board of Supervisors approved a measure last week barring large format retailers from developing a 13.5-acre parcel at Bayshore Boulevard and Leland Avenue for at least a year.
HACKENSACK, NJ-What does a Garden State real estate lender have to do with the Caribbean and a nearly-bankrupt South Korean auto-maker? Money is the common denominator.
DALLAS-Texas has all the right genes for weathering a nationwide recession, say regional executives. Job growth is slowing somewhat statewide, but it's still far ahead of the rest of the Union. The state's diversification is the key to continued growth.
MIAMI-The Maryland-based development company has persuaded the Miami-Dade County Commission to amend its comprehensive land-use plan to allow commercial use of 158 acres originally designated for low-density residential use.
LOS ANGELES-Exiting dot-coms on LA's Westside are subletting space, creating competition for building owners. This may cause rents in that pricey market to stabilize.
MIAMI-Teachers Insurance & Annuity Association is investing an estimated $25 million in developing a nine-story corporate headquarters building for the locally based fast-food company.
ROLLING MEADOWS, IL-The Oak Brook, IL-based REIT buys the 252,000-sf 1600 Golf Road here at an initial 11% capitalization rate. It is Great Lakes' fourth acquisition in the Schaumburg submarket, and the second since last summer.
AUSTIN-Salion is in the expansion mode, an undertaking being triggered by a $7-million, first-round funding from Austin Ventures. A company insider says a search will begin soon for larger offices to accommodate the strategy.