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ORLANDO--The billionaire co-founder of Amway home products breaks his silence in off-the-cuff remarks to the media by criticizing the area's hoteliers for not using part of their annual $110 million tourist tax kitty to pay for a new $250 million Downtown arena.
NEW YORK CITY-The 33,000 sf of space Stern's is set to exit this month at the Manhattan Mall will no longer be completely retail use--a portion will go to an office user.
ROYAL OAK, MI-The National Main Street Program is visiting this Detroit suburb to offer assistance on maintaining the popularity of the area, which features a eclectic mix of restaurants, nightclubs and boutiques.
NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.
CHARLOTTE-Strong demand continues for Downtown office space but a slowdown in some other markets is due to strong building activity and an economic lag, Ryan D. Clutter of CB Richard Ellis Inc. tells GlobeSt.com.
AURORA, IL-The two sales total nearly 190,000 sf. Vice president Keith S. Stauber, SIOR, and associate Jeffery J. Janda of Colliers Bennett & Kahnweiler Inc. are involved in both industrial deals, worth about $9 million.
CHARLOTTE-The development would be anchored by a 100,000-sf Home Depot Design Expo Center and would also comprise office, restaurant, residential or hotel space.
PHOENIX--In a sign that retail is rapidly following rooftops in Chandler, a California developer has purchased a parcel in the suburb and is planning a 120,000-sf retail center and hotel.
PLANTATION, FL-The owner of 275,457 sf of space in two neighborhood shopping centers is placing the assets on the market to see what prices they will generate from a community redevelopment plan at a blighted intersection. The sites are 24 miles north of Downtown Miami.