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HARRISON, NY-Stephen B. Siegel, chairman and chief executive officer of Insignia/ESG said that while activity may drop a bit in 2001, there will still be cause for celebration for most engaged in commercial office brokerage in the tri-state region.
HYATTSVILLE, MD-The marketing company plans to bring 400 jobs to Prince George's County to staff its high-tech call center. Prince George's Metro Center plans to expand one building to meet company's needs.
PORTLAND-The retail development company from Torrance, CA is close to breaking ground on a major renovation, expansion and repositioning of the "dead mall" at Southeast 99th Avenue and Washington Street.
NEW YORK CITY-Fourth quarter and year 2000 returns were the highest in the company's history, before the accounting change rule. Net income for Q4 was down due to a write-off of its Internet businesses.
SEATTLE, WA-Through a combination of debt and equity offerings, the self-storage REIT raised $275 million to be used toward payment of a $161-million line-of-credit and a $122.8-million secured-debt obligation.
ATLANTA-Forecasters predict the metro economy will slow this year then pick back up in 2002. After adding 108,300 jobs in 2000, Georgia is likely to add only 34,200 jobs this year, the report predicts. But new jobs will jump to 75,700 in 2002 and 89,300 in 2003.
ORLANDO-The 45-acre fuel-storage facility in suburban Taft, FL is part of a $1.15 billion, 18-terminals nationwide package purchased by Kinder Morgan Energy Partners.
ORANGE COUNTY-The Newport Beach-based developer, Western Realco and investment partner, Cigna Insurance, have sold two Fontana industrial buildings, totaling 465,000 sf, as industrial deals continue to fly in the Southland.
BLACK HAWK, CO-Black Hawk Gaming CEO's is seeking to buy all shares he doesn't own in the gaming company. His goal is to buy the operation and take it private. Shareholders have until March 15 to jump on the offer.
ORLANDO-The Carter-Southmeadow Land Trust paid the Southchase Warehouse Joint Venture $7.4 million or 59 cents per sf for two parcels near the Central Florida Greeneway and Orange Avenue.