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CAMBRIDGE, MA-Three months after C-bridge Internet Solutions lays off 95 employees and one month after it lays off an additional 105, the Internet consulting company lays off another 90 jobs as part of an effort to cut costs.
DELRAN, NJ-First quarter transaction activity is described as "heavy" in the southern counties and the market remains tight, especially for class A space and big blocks in general.
WEST WINDSOR, NJ-While a single user for the complex would be the ideal, Switzenbaum Realty Capital is also planning for small users, down to 1,000 sf, in its four-building office campus.
LONDON - Over 3,000 residential units are now under development on the south side of the River Thames. With an unprecedented level of activity the South Bank now outstrips the north.
CANTON TOWNSHIP, MI-About 694,000 sf of stores, at a cost of more than $75 million, may be going in along Ford Road. "The retail is following on the heels of these people who have money to spend," one planner says.
PHOENIX-Bids for $1 billion in repairs and upgrades at hundreds of schools around the state are set to go out in the next several weeks, creating a demand on the contracting community at a time when commercial work is slowing.
WHITE PLAINS, NY-Starwood Hotels and Resorts Worldwide Inc., reports the addition of three new Four Points by Sheraton hotels to its portfolio in Rome, Milan and Nice.
MIAMI-IMT Real Estate Group of Sherman Oaks, CA pays Richmond, VA-based United Dominion Realty Trust an average $68,987 per unit or $68.30 per sf for 1,638 rental apartments in three counties in its first buying foray into Florida.
STAMFORD, CT-With congested highways as perhaps the chief impediment to future economic growth in the region, politicians are hailing the inauguration of Amtrak's Acela Express high-speed train service here as a means of reducing traffic woes.