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AUSTIN-USOL Holdings' board has OK'd a one-year extension on the expiration date for more than 1.6 million warrants. Holders can swap two warrants and $5.50 for one share, but right now stock's only trading at $1.25 per.
LEESBURG, FL-Property owners in this Lake County city of 16,911 permanent residents are urging the city to create the special area for structures over 50 years old as a magnet for new business, a trigger for new restorations and a lever to increase property values. Leesburg is 45 miles northwest of Downtown Orlando.
JUNO BEACH, FL-The parent of Florida Power & Light still expects to meet a first-quarter market forecast of 76 cents per share. Juno Beach is 77 miles north of Miami.
WHITE PLAINS-The law firm Calabrese & Calabrese LLP has renewed and expanded its lease at the Ten Bank Street property and now occupies nearly 6,000 sf of space here.
DETROIT-The BLIMPIE Sub & Salad shop complements a new public housing complex nearby. It is the first franchise to locate in an Empowerment Zone and highlights $13 billion in economic growth occurring in neighborhoods.
HOUSTON-Marcus Hotels & Resorts is the new manager for a 171-room Hilton Garden Inn that will open in the fall. It's Marcus' first Texas assignment. But, says a company executive, are sure to follow.
QUINCY, MA-A nine-story Marriott Hotel being developed here in the Crown Colony Office Park is nearly completed. The potential of this project is enhanced by the governor's commitment to build an exit road to the Southeast Expressway.
HOUSTON-A new tenant has moved into 36,600 sf at ComTech Center in the city's midtown section while another tenant has grabbed 28,511 sf at Loop Central One. The buildings rent for $18.50 per sf and $18 per sf, respectively.
DALLAS-The Dallas-Ft. Worth multifamily market is becoming a property owner's nirvana. Occupancy and rent will remain healthy as long as construction creeps at its present pace, says M/PF Research in its latest analysis.
STAMFORD, CT-Chase Commercial/TCN Worldwide has been appointed exclusive tenant representative for the Supercuts hair salon chain in its expansion program in the state of Connecticut. The chain plans an aggressive rollout plan.