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ORLANDO-Houston-based Weingarten Realty Investors paid the Atlanta REIT $54 million for the 50-year-old, 480,000-sf, 97% leased property, two miles from Downtown in a vibrant commercial market.
NEW YORK CITY-The prominent international law firm Cadwalader, Wickersham & Taft has added Andrew J. Perel, who has specialized in environmental claims, to their litigation department as a partner.
LOS ANGELES-Industry leaders say ethnic and gender balance are good for business, and they're willing to go the extra mile to recruit and retain women and minorities.
WHITE PLAINS-Officials with GHP Office Realty say that the firm has closed on the acquisition of two office buildings here totaling 130,00 sf of office space. The firm now owns approximately 750,000 sf of space in the area.
STAMFORD, CT-Media Networks Inc., a subsidiary of Time Inc., has expanded its office presence in Stamford once again and now leases more than 30,000 sf of space at the Metro Center office complex.
AUSTIN-The market's changed and so has McShane Corp.'s Austin strategy. Four projects are under way; more are in the pipeline. Two office projects, totaling $50 million, mark the developer's inroad into that segment of the city's market.
WALTHAM, MA-Public Storage Inc. purchases the Fotobeam/IKON site here. A series of developers who were never able to get approval because of the property's constraints have eyed the site.
ORLANDO-With 11 years experience as a Florida-licensed Realtor, Richard Nodelman averaged $233,000 per sale on a mix of properties from retail to real estate in 2000.
WHITE PLAINS-Westchester County government officials reveal that the Pepsi Bottling Group will receive a $5.8 million incentive package from Westchester and New York State for its decision to retain its headquarters operations in Somers.