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MINNEAPOLIS-Matthew Reid, formerly project manager and team leader for P. B. Verdico, Inc., will manage integrated design-build, development and property management projects for Ryan's new office in Lisle, IL.
PHOENIX-Surprise is going to have to pay more to build a spring training facility for the Kansas City Royals and Texas Rangers, but the city plans to do some belt tightening to get the project done.
SANFORD, FL-After being placed on two years probation by the U.S. Department of Housing and Urban Development for illegally spending $750,000 of federal funds, the four-member board refused to resign and instead worked out a deal in private with city commissioners to stay on until April 30. Sanford is 30 miles north of Downtown Orlando.
ST. PAUL, MN-Lawmakers say a bill for the construction of a $300-million outdoor ballpark, which would provide a $140-million interest-free state loan to the Twins, is not high on their list of priorities this session.
OAKLAND, CA-East Bay manufacturers and retailers are finding the city-offered incentives and available space in Oakland quite attractive, says Keith Mackenzie, Grubb & Ellis managing director and senior vice president.
NORTH ANDOVER, MA-Stanley Works, one of the largest tool makers in the country, will acquire locally-based Contact East Inc. The New Britain, CT-based company says that Contact East will remain in its facilities here.
DURHAM, NC-The locally based corporate occupancy solutions company hired William M. Sandridge from Carter & Associates where he worked as a tenant representative.
GREENSBORO, NC-Developer Carl Essa is putting up this area's first class A building and feels his average asking rents of $17.95 per sf will compete with rates of $18 per sf to $23 per sf in metro Charlotte's submarkets, 85 miles down the road.
EDISON, NJ-This latest transaction caps a series of moves and deals that brought the building back to 97% occupancy and raised its market value by nearly 25%.