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DULLES, VA-The new headquarters for the product protection and information services firm is part of an office park being developed by Lerner Enterprises. Construction on the final phase, a six-story building, begins next summer.
WHITE PLAINS -Starwood Hotels & Resorts Worldwide reports that hotel industry veteran Bill Oates has returned to the company as senior vice president and chief information officer.
CHARLOTTE-The 36-year-old, 378,000-sf retail center is going for $21.16 per sf. Current retail sales are brisk at the 37.5-acre property but vacancies left by the departures of anchors Sears, Target and a supermarket aren't being filled.
CLERMONT, FL-Although promoters of the 10th annual Great Floridian Triathlon claim the event generates about $1 million to local businesses, shopkeepers are criticizing the sports attraction for using public facilities at only a nominal fee. Clermont is 25 miles west of Downtown Orlando and is considered one of the area's top bedroom communities.
DENVER-It's looking rosy for Design Fabricators, which has just sealed a $5-million loan for its 199,116-sf industrial property. A Wall Street conduit firm is financing the transaction that carries a 75% loan-to-value ratio.
SECAUCUS, NJ-The sunglass designer and distributor is the latest to join the growing corporate roster in Hartz Mountain Industries' expansive Meadowlands portfolio.
CHARLOTTE-Cities in North Carolina's Piedmont, essentially the middle and most heavily populated part of the state, are competing among themselves and with other cities across the nation for convention deals.
HOUSTON-It's just a waiting game for Russel Metals Inc., which is seeking regulatory approval to take over the 108-year-old Pitt-Des Moines' Steel Service Center Operations. Patience in the acquisition field is paying off, says Russel Steel's president.
PHOENIX-Paying the highest price per unit ever seen in the West Valley, a Chicago investor has purchased an apartment complex in Avondale for more than $71,700 per unit.