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CHARLOTTE- Asset Management Technologies has contracted with Raleigh, NC-based Highwoods Properties, Inc. to improve the REIT's lease accounting methods. The abstracting service will include the electronic conversion of about 3,000 leases. The value of the contract was not disclosed in the company's news release.
NORTHBROOK, IL-Grubb & Ellis Co. picks up a central Indiana affiliate in Harding Dahm & Co. Indianapolis, Inc. The 34-year-old Indianapolis-based firm is now known as Grubb & Ellis | Harding Dahm & Co.
WASHINGTON, DC-The SSO, which provides the space to 90 state affiliates, extended its lease agreement on 223,460 sf of office space through 2014, stabilizing long-term occupancy costs for its tenants.
POUGHKEEPSIE, NY-The Dutchess County Economic Development Corp. has named Anne N. Conroy, the current Empire Zone Director, as the interim president of the organization. Kathleen Sullivan Norat had led the organization for six years prior to her departure.
WESTMINSTER, CO-First Industrial has capped construction on a four-building project that's available any way a contract can be sealed. Buy one, buy all or lease them is the way brokers are approaching the marketing effort.
DETROIT-Home Depot officials are saying plans for the company's first store in the city remain viable. The Atlanta-based company has been looking at a site in Riverbend Plaza shopping center to build a new store.
TROY, MI-The City Council here allows the company to build a new facility with 336 fewer parking spaces required under zoning ordinances. The project architect argued 1,142 spaces would cause a hardship.
VANCOUVER, WA-The City Council this week dissolved a 16-month development moratorium and approved a new set of impact fees. The biggest trip generators, fast food restaurants, will pay $117,000 in impact fees instead of the current $11,300.
CHICAGO-The largest US REIT's "very strong business position, solid management and operating infrastructure, and its large, well-diversified portfolio" allows Standard & Poor's to rate the company's outlook as stable.
ORLANDO-Realvest Partners Inc. founder/chairman George D. Livingston says building owners need to know every aspect of a company's business before offering a lease and drafting its terms. Livingston is moderating a panel on high-tech property issues at the winter conference of Corporate Facility Advisors International.