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MADRAS, OR-Officials from the Central Oregon county have applied for $405,000 in federal funds to build an airport services building, after which the county hopes to develop a light industrial park.
ATLANTA-The Florida service provider is studying areas north and west of the city where it will line up local strategic alliances after opening its first office here at an undetermined date in the next 12 months.
SUMMIT, NJ-Novartis Consumer Health, currently based in Summit, is looking for a new headquarters within a 20-mile radius of where it is now. Matrix Development Group is helping with the search.
ORLANDO-The managing director of global services for the state is restructuring operations here as part of Crow's recently-announced, company-wide reorganization strategy. Six other professionals are getting new responsibilities.
LOS ANGELES-Film Garden Entertainment signs $1.7-million lease for 20,500 sf of office space in North Hollywood and will relocate 125 jobs from its longtime home in Studio City.
Linklaters has taken a pre-letting on Helical Bar's 95,000 sq ft office development at 3 Bunhill Row, London EC1, in the City of London's northern fringe.
SAN FRANCISCO-With three bidders interested in the 1.8-million-sf trophy property at 555 California, joint owners Shorenstein Co. and Bank of America have reportedly decided not to sell for the time being.
ATLANTA-The locally based REIT paid $77.68 per sf for the 102,985 sf, 97%- leased Unigold Shopping Center in suburban Winter Park. The acquisition is IRT's second this year totaling $19.6 million.
NEWPORT BEACH, CA-Nationwide Health Properties Inc. sold facilities last year valued at $35 million to enhance its liquidity, and thereby causing a drop in earnings.
WASHINGTON, DC-Despite increasing energy costs and a sluggish US economy, Marriott reports its first-quarter earnings exceeded expectations across its brands. Even so, revenue growth has "clearly slowed," according to its CEO.