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DALLAS-Prentiss Properties and Brandywine Realty Trust should close in 30 days on a complicated asset swap that's a "win-win situation" for all, say REIT officials. Unlike Prentiss' failed merger a few months back, there shouldn't be any surprises.
DESOTO, KS-Oz Entertainment Co. wants to build $860-million theme park and mixed-use development. Its plan is to turn the Sunflower Army Ammunition Plant into a tourism, high-tech and residential area.
DENVER-The 82-room Fairfield Inn by Marriott has been accorded a top honor for guest satisfaction. It's the second leading honor that the facility, which opened in June 2000, has received from the Marriott Corp.
DENVER-The multifamily market is the benefactor as single-family housing costs soar above many residents' purchase power. Last year, more than 1,500 rental units underwent transformations into condos, a vibrant market for area brokers.
SAN JOSE-Lighting needed for security is exempt, as are businesses that can show they have already reduced their lighting, making it hard for law enforcement to determine who is and isn't complying.
ROCKY MOUNT, NC-Andrew J. Shene is the bank's new regional executive, responsible for retail and consumer banking activities in the South Carolina market. Rocky Mount is 150 miles northeast of Downtown Charlotte.
TROY, MI-An old Hilton Hotel site at Maple Road and Stephenson Highway here will be the site of five-story, 275,000-sf office building developed by Kojaian Co. The plan commission says it meets city requirements.
SAN DIEGO-A jury here awards $1.5 million to the heirs of city forefather Alonzo Erastus Horton, ruling that government officials should have offered more than $100 million when they took the property away by exercising its powers of eminent domain.
CHICAGO-Tenants of 188 W. Randolph St. say the closing was "overkill," but city officials say their mandated precautions may save a life while they try to find a solution to falling terra cotta from the 46-story building.