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NEW YORK CITY-The new group will identify and develop e-commerce and traditional opportunities for the real estate services firm. Falus had been president of Cushman & Wakefield of New York Inc.
HOUSTON-The final milestone is reached in a sell-off plan of non-strategic assets, says the president and CEO for Houston-based Pennzoil-Quaker State. The company has found a buyer for its Louisiana refinery. A closing is expected before April 30.
DAVIDSON, NC-The town of Davidson (Pop. 6,000), about 20 miles north of Downtown Charlotte, took the action a day after a group of landowners and developers sued the town to overturn a two-month-old building moratorium on more than 4,000 rural acres east of town.
ATLANTIC CITY-The nation's leading casino-hotel operator, with the merger of MGM Grand and Mirage Resorts fully integrated, wants to make some more noise in this eastern capital of the gaming business.
PALO ALTO, CA-The City Council approved a 45-day test drive of the ordinance and will make a final determination at the end of the study period that could continue the restriction for two years.
SAN FRANCISCO-In November, Chicago-based marchFIRST signed a 12-year lease for 270,000 sf in Catellus' 303-acre Mission Bay project, which broke ground last year. Catellus officials are describing the lease termination was "a mutual agreement.
REDWOOD CITY, CA-Menlo Park-based Spieker Properties will use Corrigo Inc.'s software services for real-time control over customer service, staff productivity and supply-chain management.
FT. WORTH-Deals are waiting to be sealed, but many will hinge on a Federal Reserve interest-rate cut, say Tarrant County powerbrokers and a leading in-state economist. The 2001 call is lateral growth, with retail being the strongest gainer.
SEATAC, WA-A $411 million, two-mile extension of State Route 509 that connects it with Interstate 5 may actually get built, providing a third alternative to the heavy congestion on Interstate 5 and State Route 99, Seattle's main north-south routes.