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DEARBORN, MI-The 148-unit suite hotel offers extended-stay and adds to Southeast Michigan's rising hotel room count for Super Bowl 2006. The Marriott franchise is owned and managed by CSM Corporation of St. Paul, MN.
SAN PABLO, CA-Local developer Signature Properties is considering acquisition of the 38-acre El Portal retail shopping center, a 450,000-sf, 1970s-era complex that is 60% leased and ripe for redevelopment.
SAN JOSE-Silicon Valley ranks sixth according to a new study by CB Richard Ellis Services Inc. Three other American markets are in the top 20: San Francisco is ninth, Midtown Manhattan shows up 10th and Boston lands the 15th spot.
MIAMI-The locally based company reported a net loss of $1 million, or seven cents a share, on sales of $15.1 million for the third quarter ended Dec. 31, compared with a net loss of $1.9 million, or three cents a share, on revenue of $3.8 million for the same period in the prior year.
HOLMDEL, NJ-Already developing a mixed-use project on the former paper cup manufacturing site, the firm turns its attention to a shopping center across the highway--and buys that too.
NEW YORK CITY-Ann Gardner Kayman, senior vice president of the New York City Economic Development Corp., said at AREW's luncheon yesterday (Feb. 13) the once almost strictly industrial area is a burgeoning host of technology space.
NEW YORK CITY-The owners of 750 Third Ave., the Teachers Insurance & Annuity Assoc., will officially put 270,000 sf of office space on the market in the next month with the hopes of attracting financial services firms.
SAN JOSE-Facing a downtown parking shortage and new development that will exacerbate the situation, the San Jose City Council unanimously approved a 775-space garage anchored by retail space and topped with a banquet facility.
SAN ANTONIO-A 27-year career draws to a close for USAA's president and CEO. Michael J.C. Roth is retiring and being replaced by a six-year vice president of sales and service. USAA controls more than $60 billion in assets worldwide.
MCLEAN, VA-The latest Freddie Mac issue demonstrates investor confidence in the long-term market, according to the corporation. The issue settles tomorrow, Thursday, Feb. 15.