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BOSTON-The Nipmuc Indians' hope to build a casino in this state has serious opposition in the statehouse here, which insists that it has final say in the matter.
CORNELIUS, NC-Lake Properties, the developer, says the project is in response to business owners desiring to live and work in the same building, a concept that has become popular in pedestrian-oriented communities throughout Mecklenburg County.
CARROLLTON, TX-Teams from Henry S. Miller Commercial and Grubb & Ellis have inked a 37,824-sf warehouse deal in Valwood Industrial Park. The RREEF property will be used by Crawford Contracting as a distribution site for electrical supplies.
NEW YORK CITY-MetLife will keep 500 employees at the building, which will remains its corporate headquarters. CSFB will occupy all but 260,000 sf, which will be leased back to the insurance and financial services firm.
PORTLAND-Among other award winners announced at the Building Owners and Managers Association annual awards ceremony this week were the 1515 Building and the Hatfield U.S. Courthouse, Ashforth Pacific property manager Sherie Nishikawa and the late Tom Wrightson.
HOUSTON-For better than 20 years, Giorgio Borlenghi has worked and invested in the city's Uptown submarket. Now, his 27-story luxury high-rise is being one upped by his latest undertaking, a 30-story condominium project.
SEATTLE, WA-Industrial space is slowly being squeezed out of the greater Seattle area as escalating land prices fuel redevelopment. A Grubb & Ellis research report says this gentrification may foreshadow the demise of Seattle's industrial market.
SOUTH SAN FRANCISCO-Genentech will build an additional 288,000 sf of research and development buildings at its current site here on DNA Way thanks to a just signed deal with a New York-based pharmaceutical company.
DETROIT-The company president waits to hear from a union before deciding whether to send manufacturing operations out of the country. But the company will keep its headquarters and other operations based in Michigan.
PHOENIX-Belt tightening and higher home prices have paid off for retirement community developer Del Webb, which posted a 65% earnings increase over the prior year.