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DETROIT-Mayor Dennis W. Archer, whose tenure was marked by significant redevelopment in the Downtown as well as neighborhoods after years of disinvestment, says he will not seek a third term as mayor.
MT. PLEASANT, MI-The recent completion of Building E in the office park, at 2480 W. Campus Dr. adjacent to the Comfort Inn Conference Center and near the Central Michigan University campus, offers leasing options.
BOCA RATON, FL-The locally based developer-operator of assisted living facilities reported a cumulative net loss of $22.8 million through February this year, with reorganization costs totaling about $2.2 million. Boca Raton is 42 miles north of Miami.
ALBERTVILLE, MN-Banana Republic, Etienne Aigner, Perry Ellis, Bath & Body Works Outlet and Old Navy are among the new stores to open in what will be the largest outlet center in Minnesota at 306,000 sf.
ATLANTA-Locally based Project Time & Cost is providing high-tech software that links pre-approved repair contractors to its on-line repair pricing databases for 100 metropolitan areas. The value of the contract wasn't disclosed.
HOUSTON-Caldwell Watson Real Estate Group has added yet another key player to its staff. This time, it's an in-house architect. He will be help guide project architect decisions and set a smooth course for commercial developments.
BOSTON-Leggat McCall Properties makes major changes as its two senior principals retire and senior management acquires the company. The company, which is liquidating its real estate positions, sold $500 million in properties over the last year.