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WASHINGTON, DC-The Carlyle Group is the recipient of $12.5 billion in investment funds from the California Public Employees' Retirement System. During the next two years, CalPERS could invest an additional $425 million with Carlyle.
MINNEAPOLIS-The food retailer and distributor has recently remodeled 90% of its 119-store chain in Illinois, Wisconsin and South Dakota in addition to Minnesota. It recently bought a store in Sioux Falls, SD.
STAMFORD, CT-While Fairfield County's office market has benefited from continued business expansion over the past several years, mergers and consolidations and high rents will bring some changes this year, according to Grubb & Ellis.
DETROIT-Seventy-six community airports in the state will split $22 million. Most of the airports will get for $150,000 to extend and repair runways, acquire land for noise abatement and meet environmental concerns.
SAN DIEGO-San Diego, Riverside and Sacramento counties experienced the strongest increases in building activity last year, according to a report issued today by DataQuick.
AUSTIN-The Calendar Club already has flipped the page to April when it will be moving into an extra 54,000 sf at the Expo Business Park. The deal's signed and the plans are in the works for the nationwide chain, which now occupies 124,000 sf.
ORLANDO-Florida's second largest grocery chain flicked the lights on 6.84 million sf of retail space and eliminated 11,000 jobs after losing $229 million in fiscal 2000.
FALLS CHURCH, VA-Software designed to provide real-time access through separate secure Web sites for real estate transactions is now on the market. Settlement Room Inc. is introducing software that promises to virtually eliminate communication snafus.
AUSTIN-The Calendar Club already has flipped the page to April when it will be moving into an extra 54,000 sf at the Expo Business Park. The deal's signed and the plans are in the works for the nationwide chain, which now occupies 124,000 sf.
NEWARK, CA-Officials at Ohlone Community College are eyeing a 43-acre former salt-ponds parcel here as a potential site for a new campus devoted to high-tech teaching. The city of Newark has been leasing the land from Cargill since last year.