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KANSAS CITY, MO-Midland Loan Services merges with Univest Financial Group. Midland has a loan servicing portfolio of about $50 billion; Univest is the first company to offer a Web-enabled solution for commercial loan servicing.
GAINESVILLE, VA.-A San Jose company has filed plans to build what may be the world's largest data center complex. The $1.4-billion facility will include 2.5 million sf and its own 250-megawatt generator. Protecting this massive facility from a targeted assault is a major concern.
ANDOVER, MA-Mapscape.com users now have access to business, lifestyle, traffic and crime data, as well as the steps and data to perform planning, construct strategies for development and better weigh options.
DUBLIN, CA-The store will be located at 7499 Dublin Blvd., on an approximately 5-acre parcel that once housed Shamrock Ford. Officials at Safeway and AutoNation, which owns the dealership, confirmed the deal this week but did not specify dollar figures.
PHOENIX-Equity Residential has sold off another portion of its portfolio in the Valley with the $33-million sale of an apartment complex in the fast-growing suburb of Chandler.
NEW YORK CITY-More than a dozen sessions will look at topics such as strategies for growth in a low-development environment, opportunities in Australia, Hawaii, India and Korea as well as how much it costs to maintain a hotel.
ORLANDO-Desperado's in rural Lake County is drawing dancers from 30 miles south in Orlando eager to rock and roll on a 3,900-sf floor, one of the largest of its kind in the Southeast. The club's capacity is 1,800.
ARLINGTON HEIGHTS, IL-Following the sale of its brand to hotel franchising powerhouse Cendant, Amerihost will focus on building new fees from hotel development and operation. The CFO says plans are for 12 to 15 new hotels throughout the Midwest next year.
STERLING, VA-Seefried Properties and AMB Property Corp. have begun construction of the Airport Commerce Center @ Dulles near Routes 28 and 50 and the Dulles Toll Road. It will become an industrial park.
AUSTIN-DCM Technologies, headquartered in India, has opened its first Texas office, staffing the development center with 15 engineers from California, Boston and India. The firm's entry into the Texas market is motivated by Austin's strong semiconductor hub.